Grindwell Norton Ltd approves issue and allotment of Bonus Shares

Grindwell Norton Ltd on July 22, 2016 issued and allotted 5,53,60,000 ordinary equity shares of Rs. 5/- each as Bonus Shares to those Members of the Company entitled thereto as on July 15, 2016, being the Record Date fixed for the purposes.

Consequently, with effect from July 22, 2016 the Issued, Subscribed and Paid-up Share Capital of the Company stands increased to Rs. 55,36,00,000/- divided into 11,07,20,000 ordinary equity shares of Rs. 5/- each.

Shares of GRINDWELL NORTON LTD.-$ was last trading in BSE at Rs.342.15 as compared to the previous close of Rs. 339.75. The total number of shares traded during the day was 2284 in over 93 trades.

The stock hit an intraday high of Rs. 343.45 and intraday low of 338. The net turnover during the day was Rs. 779961.

Source : Equity Bulls

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