Motherson Sumi Wiring India Ltd fixes Nov 17, 2022 as record date for 2:5 bonus issue

The Board of Directors of Motherson Sumi Wiring India Limited had earlier recommended issue of bonus shares to the shareholders in the ratio of (2) two bonus equity shares against 5 (five) existing equity shares, subject to the approval of the shareholders of the Company. Further, the shareholders of the Company have approved aforesaid issue of bonus shares by passing an Ordinary Resolution by means of Postal Ballot, result of which have been declared by the Company on November 5, 2022.

The Company has fixed Thursday, November 17, 2022 as 'Record Date for the purpose ascertaining the eligibility of shareholders entitled for issuance of bonus shares by the Company.

Shares of Motherson Sumi Wiring India Limited was last trading in BSE at Rs. 81.05 as compared to the previous close of Rs. 81.20. The total number of shares traded during the day was 249204 in over 1976 trades.

The stock hit an intraday high of Rs. 81.60 and intraday low of 80.60. The net turnover during the day was Rs. 20195908.00.

Source : Equity Bulls

Keywords

MothersonSumiWiringIndia INE0FS801015 WireHarnessing BonusIssue RecordDate