Hinduja Global Solutions (HGS) has surged 19 per cent to hit a new high of Rs 3,948 on the BSE in Tuesday’s intra-day trade after the company announced that its board would meet on January 06 2022, to consider a proposal for a bonus issue of equity shares.

The company’s stock engaged in Business Process Outsourcing (BPO)/ Knowledge Process Outsourcing (KPO) has surpassed its previous high of Rs 3,529 touched on August 12, 2021.

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“A meeting of the board of directors of Hinduja Global Solutions will be held on Thursday, January 6, 2022, inter-alia, to consider declaration of interim dividend, if any, for the financial year 2021-22; and proposal for declaration of bonus issue of equity shares,” the company said in an exchange filing.