Janus Corporation Limited approves 4:3 bonus issue

The Board of directors of Janus Corporation Limited at its meeting held today have approved the issue of Bonus Shares in the ratio of 4 (Four) fully paid-up equity shares for every 3 (Three) existing fully paid-up equity share held by the Members as on the record date.

The board recommended for issue upto 76,52,000 (Seventy Six Lakh Fifty Two Thousand Only) equity shares of Rs. 10/- each as bonus shares of an aggregate nominal value upto Rs. 7,65,20,000/- (Rupees Seven Crore Sixty Five Lakh Twenty Thousand Only), as bonus shares to the shareholders out of the Securities Premium Account and Free Reserve of the company for distribution among the holders of existing fully paid equity shares of Rs. 10/- each of the company, the shareholders will be eligible for Bonus shares, those who will be the shareholder as on the Record Date which will be decided by the Board of Directors in this regards.

Shares of Janus Corporation Ltd was last trading in BSE at Rs. 8.48 as compared to the previous close of Rs. 8.19. The total number of shares traded during the day was 273000 in over 137 trades.

The stock hit an intraday high of Rs. 9.00 and intraday low of 8.00. The net turnover during the day was Rs. 2423610.00.

Source : Equity Bulls

Keywords

JanusCorporation INE04OV01018 BonusIssue 4For3