Aarti Industries Limited board recommends 1:1 bonus issue

The Board of Directors of Aarti Industries Ltd at their meeting held today i.e. Tuesday, May 18, 2021 has considered and approved the recommendation of issuance of fully paid up Bonus Share in the ratio of 1:1 i.e. 1 (One) Equity Share for every 1 (One) fully paid up Equity Shares of Rs 5/- each subject to approval of the shareholders of the Company. The Company will inform in due course, the "Record Date" for determining shareholders entitled to receive Bonus Shares.

The Pre Bonus paid up Share capital is Rs. 87,11,72,370/- consisting of 17,42,34,474 Equity Shares of Rs. 5/- each. The Post Bonus paid up Share Capital shall be Rs. 1,74,23,44,740/- consisting of 34,84,68,948 Equity Shares of Rs. 5/- each.

Shares of AARTI INDUSTRIES LTD. was last trading in BSE at Rs.1746.35 as compared to the previous close of Rs. 1743.9. The total number of shares traded during the day was 80126 in over 3955 trades.

The stock hit an intraday high of Rs. 1801.05 and intraday low of 1731.8. The net turnover during the day was Rs. 141989309.

Source : Equity Bulls

Keywords