Shivalik Bimetal Controls Ltd allots 19201400 Bonus Equity shares

The Board of Directors of Shivalik Bimetal Controls Ltd in its meeting held today i.e. 09th October, 2017 have considered and approved the allotment of 19201400 Bonus Equity shares in the ratio of 1:1 i.e 1 (One) equity share of Rs. 2/- each for every 1 (One) existing equity share of Rs.2/- each to those shareholders whose name appears in the register of members as on the record date 06th October, 2017.

In terms of Regulation 30, it may further be noted that Board meeting commenced at 3.00 PM (IST) and concluded at 4.00 PM (IST).

Shares of SHIVALIK BIMETAL CONTROLS LTD. was last trading in BSE at Rs.88.3 as compared to the previous close of Rs. 73.7. The total number of shares traded during the day was 675886 in over 3334 trades.

The stock hit an intraday high of Rs. 88.4 and intraday low of 81.1. The net turnover during the day was Rs. 58561053.

Source : Equity Bulls

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