Varun Beverages Ltd allots 14,43,44,360 Bonus Equity Shares

The Share Allotment Committee of Board of Directors of Varun Beverages Ltd, at its meeting held today, allotted 14,43,44,360 Bonus Equity Shares of Rs. 10/- each as fully-paid up Bonus Equity Shares, in the proportion of One (1) Equity Share of Rs. 10/- each for every Two (2) existing Equity Shares of Rs. 10/- each, to the eligible Members whose names appeared in the register of Members / list of beneficial owners as on June 12, 2021, i.e. record date fixed for this purpose.

Consequently, the paid-up Equity Share Capital of the Company stands increased from Rs. 288,68,87,200 divided into 28,86,88,720 Equity Shares of Rs. 10/- each to Rs. 433,03,30,800 divided into 43,30,33,080 Equity Shares of Rs. 10/- each.

Shares of Varun Beverages Ltd was last trading in BSE at Rs.775.6 as compared to the previous close of Rs. 790.5. The total number of shares traded during the day was 61580 in over 5404 trades.

The stock hit an intraday high of Rs. 789 and intraday low of 767.15. The net turnover during the day was Rs. 47624578.

Source : Equity Bulls

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