Sprayking Agro Equipment Ltd announces 2:3 bonus issue

The Board of Directors of Sprayking Agro Equipment Ltd at their meeting held on 16th March, 2023 has considered and approved the Issue of Bonus Shares in the ratio of 2:3* i.e. 2 new fully paid Equity Shares for every 3 existing fully paid-up Equity Shares held by the shareholders subject to approval of shareholders through Postal Ballot.

The board approved the Migration of Company from SME platform of BSE to Main Board of BSE Limited as well as on the Main Board of NSE Limited in terms of Chapter IX of SEBI (ICDR) Regulations, 2018 subject to approval of the shareholders of the Company, BSE Limited, National Stock Exchange of India Limited, or such other authorities.

(*Equity Shares being fractional shares will be ignored and no allotment will be made for the fractional Equity Shares).

Shares of Sprayking Agro Equipment Ltd was last trading in BSE at Rs. 102.18 as compared to the previous close of Rs. 97.32. The total number of shares traded during the day was 12000 in over 1 trades.

The stock hit an intraday high of Rs. 102.18 and intraday low of 102.18. The net turnover during the day was Rs. 1226160.00.

Source : Equity Bulls

Keywords

SpraykingAgroEquipment INE537U01011 BonusIssue 2For3 Migration MainBoard