Engineers India Ltd approves allotment of 336936600 Bonus Shares

The Committee of the Board of Directors - Bonus Issue of Engineers India Ltd in its meeting held on January 03, 2017, has approved the issue and allotment of 33,69,36,600 Bonus Equity Shares in the ratio of 1:1 (i.e. 1 (one) new equity bonus share of Rs. 5/- each for every 1 (one) existing fully paid equity share of Rs. 5/- each held) to the existing shareholders of the Company holding shares at the close of business hours on the Record date i.e. January 02, 2017.

Shares of ENGINEERS INDIA LTD. was last trading in BSE at Rs.154.8 as compared to the previous close of Rs. 153.45. The total number of shares traded during the day was 367118 in over 3602 trades.

The stock hit an intraday high of Rs. 156.6 and intraday low of 152.6. The net turnover during the day was Rs. 56839855.

Source : Equity Bulls

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