GRP Limited approves 3:1 bonus issue

The Board of Directors of GRP Limited at their meeting held today, i.e., on Saturday, 29th June, 2024, has, considered and approved Issue of Bonus Shares by way of capitalization of general reserves, to the equity shareholders of the Company in the ratio of 3:1 i.e., 3 (Three) new fully paid-up Equity Shares of Rs. 10/- (Rupees Ten only) each for every 1 (One) existing fully paid-up Equity Share of Re. 10/- (Rupees Ten only) each held by the eligible shareholders as on the Record Date (to be determined by the Board) subject to the approval of the shareholders of the Company and such other regulatory/statutory approvals as may be necessary.

Shares of GRP Limited was last trading in BSE at Rs. 12899.85 as compared to the previous close of Rs. 12063.30. The total number of shares traded during the day was 2568 in over 878 trades.

The stock hit an intraday high of Rs. 13317.50 and intraday low of 11800.00. The net turnover during the day was Rs. 32191550.00.

Source : Equity Bulls

Keywords

GRP INE137I01015 BonusIssue 3For1