Gloster Ltd board approves 1:1 bonus issue

The Board of Directors of Gloster Ltd at its meeting held today i.e. 7th November 2022, have considered and approved the issue of fully paid up Bonus equity shares of Rs 10/- each in the ratio of 1:1 i.e 1 (One) Bonus Share for every 1 (One) Share held by the equity shareholders of the Company as on the Record Date to be fixed by the Board thereof for the purpose. The bonus issue of equity shares is subject to the approval of shareholders in an Extra Ordinary General Meeting of the Company.

Shares of Gloster Ltd was last trading in BSE at Rs. 1631.15 as compared to the previous close of Rs. 1722.95. The total number of shares traded during the day was 11118 in over 1150 trades.

The stock hit an intraday high of Rs. 1749.00 and intraday low of 1613.20. The net turnover during the day was Rs. 18337425.00.

Source : Equity Bulls

Keywords

Gloster INE350Z01018 BonusIssue 1For1