Modex International Securities Ltd approves issue and allotment of Bonus Shares

The meeting of Board of Directors of Modex International Securities Ltd held on October 24, 2016 which was commenced at 01:00 p.m. and concluded at 03:00 p.m. In terms of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 the Company issued and allotted 30,00,000 (Thirty Lakhs) Equity Shares of Rs. 10 each, as Bonus Shares to those members of the company entitled thereto as on October 21, 2016, being the Record Date fixed for the purpose.

Consequently, with effect from October 24, 2016, the Issued, Subscribed and Paid-up Share Capital of the Company stands increased to Rs. 6,00,00,000 (Six Crores) divided into 60,00,000 (Sixty Lakhs) Equity Shares of Rs 10 each.

Shares of Modex International Securities Ltd was last trading in BSE at Rs.73 as compared to the previous close of Rs. 73.9. The total number of shares traded during the day was 16137 in over 354 trades.

The stock hit an intraday high of Rs. 74 and intraday low of 73. The net turnover during the day was Rs. 1184886.

Source : Equity Bulls

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