The Board of directors of Cheviot Company Ltd at their meeting held today has recommended issuance of bonus shares in the ratio of 1 (one) fully-paid up bonus ordinary share of face value of Rs. 10/- each for every existing 2 (two) fully paid-up ordinary shares of face value of Rs. 10/- each held by the shareholders of the Company as on the record date, subject to approval of the members at the ensuing annual general meeting, in accordance with the applicable provisions of Companies Act, 2013 and SEBI Regulations / Guidelines in this regard.
The Board meeting commenced at 11:30 A.M. and concluded at 11:50 A.M.
Shares of CHEVIOT CO.LTD. was last trading in BSE at Rs.1421.75 as compared to the previous close of Rs. 1388.85. The total number of shares traded during the day was 5518 in over 459 trades.
The stock hit an intraday high of Rs. 1446 and intraday low of 1400. The net turnover during the day was Rs. 7839797.