Astral Poly Technik Ltd board recommends 1:3 bonus issue

The board of directors of Astral Poly Technik Ltd at its meeting held today, has recommended issue of bonus equity shares in the proportion of 1:3 that is 1 (One) bonus equity share of Re 1/- each for every 3 (Three) fully paidup equity shares held as on the record date to be decided.

The pre-bonus paid-up equity share capital as on the date of this letter is Rs. 15,06,80,826/- consisting of 15,06,80,826 equity shares of Re. 1/- each.

The post-bonus paid-up equity share capital is expected to be around Rs. 20,09,07,768/- consisting of 20,09,07,768 equity shares of Re. 1/- each. The actual number of bonus equity shares to be issued will be determined based on the paid-up share capital as on the record date.

Shares of ASTRAL POLY TECHNIK LTD. was last trading in BSE at Rs.1943.95 as compared to the previous close of Rs. 1801.2. The total number of shares traded during the day was 97106 in over 11023 trades.

The stock hit an intraday high of Rs. 2099.85 and intraday low of 1851. The net turnover during the day was Rs. 191208344.

Source : Equity Bulls

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