Gulshan Polyols Limited allots 1,03,95,097 bonus shares

The Allotment of Share Committee of Gulshan Polyols Limited at their meeting held on June 23, 2023 which commenced at 3:00 P.M. and concluded at 3:30 P.M., has allotted 1,03,95,097 (One Crore Three Lakh Ninety-Five Thousand and Ninety-Seven) fully paid-up Bonus Equity Shares of the Face Value of Re. 1/- (Rupee One Only) each in the ratio 1:5 [i.e., 1(One) Equity Share of Re. 1/- each for every 5 (Five) existing Equity Shares of Re. 1/- each] held by the shareholders of the Company as on the record date i.e., Wednesday, June 21, 2023.

Consequently, the Pre-Bonus Issue paid-up share capital of 5,19,75,489 shares of Re. 1/- each will increase to 6,23,70,586 shares of Re. 1/- each post bonus issue.

The Bonus Equity Shares allotted as above shall rank pari-passu in all respects and carry the same rights as the existing equity shares of the Company including dividends and other corporate benefits, if any, declared by the Company after the said allotment.

Shares of Gulshan Polyols Limited was last trading in BSE at Rs. 251.35 as compared to the previous close of Rs. 257.50. The total number of shares traded during the day was 13318 in over 855 trades.

The stock hit an intraday high of Rs. 256.50 and intraday low of 245.80. The net turnover during the day was Rs. 3331106.00.

Source : Equity Bulls

Keywords

GulshanPolyols INE255D01024 Allotment BonusShares 1For5