Blue Star Ltd recommends 1:1 bonus issue

The board of directors of Blue Star Ltd has recommended Bonus Issue Issue of Equity Bonus Shares in proportion of 1:1 i.e. 1 (One) equity share of Rs 2/- each for every 1 (One) existing equity share of Rs 2/- each held by the shareholders of the Company as on record date, subject to the approval of shareholders by way of Postal Ballot and other statutory/regulatory approvals, consents, permissions, conditions, and sanctions, as may be necessary. In this respect, the record date shall be decided by the Board post approval of the shareholders through postal ballot and thereafter shall be announced later.

Shares of Blue Star Limited was last trading in BSE at Rs. 1436.75 as compared to the previous close of Rs. 1437.60. The total number of shares traded during the day was 22991 in over 2296 trades.

The stock hit an intraday high of Rs. 1505.00 and intraday low of 1432.00. The net turnover during the day was Rs. 33532663.00.

Source : Equity Bulls

Keywords

BlueStar INE472A01039 BonusIssue 1For1