Anmol India Ltd recommends 4:1 bonus issue

The Board of Directors of Anmol India Ltd at its meeting held today i.e. Friday, 02nd June, 2023, have considered and approved the recommendation of Issue of Bonus Shares in the ratio of 4:1, i.e. 4 (Four) Equity Shares of Rs. 10/- each for every 1 (One) Equity Share of Rs. 10/- each, held by the shareholders of the Company as on the record date, subject to the approval of shareholders to be obtained by Postal Ballot.

The Record Date will be announced in due course.

The board also approved increase in the Authorized Share Capital of the Company from existing Rs. 11.50 crores to Rs. 57 crores and consequent alteration in the Capital Clause of the Memorandum of Association of the Company.

Shares of Anmol India Ltd was last trading in BSE at Rs. 247.85 as compared to the previous close of Rs. 247.70. The total number of shares traded during the day was 11855 in over 508 trades.

The stock hit an intraday high of Rs. 255.00 and intraday low of 243.30. The net turnover during the day was Rs. 2952739.00.

Source : Equity Bulls

Keywords

AnmolIndia INE02AR01019 BonusIssue 4For1