Precision Wires India Ltd allots 5,78,18,115 bonus shares

The Board of Directors of Precision Wires India Limited ("Board") at its meeting held on 16th December, 2022 has allotted 5,78,18,115 equity shares of each as fully-paid up bonus equity shares, in the ratio of One equity share for every two equity shares, to eligible Members whose names appear in the register of Members/list of beneficial owners as on 22nd December, 2022, being the record date fixed for this purpose.

Consequently, the paid-up equity share capital of the Company stands increased from Rs. 115636230 to Rs. 17,34,54,345 by increase and addition of 5,78,18,115 equity Shares of Rs.1 each fully paid up.

Shares of Precision Wires India Limited was last trading in BSE at Rs. 108.65 as compared to the previous close of Rs. 110.50. The total number of shares traded during the day was 22784 in over 852 trades.

The stock hit an intraday high of Rs. 110.50 and intraday low of 108.00. The net turnover during the day was Rs. 2485353.00.

Source : Equity Bulls

Keywords

PrecisionWiresIndia INE372C01029 BonusShares Allotment 1For2