Brigade Enterprises Ltd announces 1:3 bonus issue

The board of directors of Brigade Enterprises Ltd has recommended issue of bonus equity shares in the proportion of 1:3. i.e. 1 (one) bonus equity share of Rs. 10/- each fully paid up for every 3 (three) equity shares of Rs. 10/- each fully paid up held by the shareholders as on record date subject to the approval of the members of the Company through Postal Ballot to be conducted in accordance with the provisions of Section 110 of the Companies Act, 2013. The record date for reckoning the eligible shareholders for bonus equity shares will be communicated separately.

Shares of Brigade Enterprises Limited was last trading in BSE at Rs. 812.00 as compared to the previous close of Rs. 791.85. The total number of shares traded during the day was 25750 in over 1461 trades.

The stock hit an intraday high of Rs. 815.30 and intraday low of 795.65. The net turnover during the day was Rs. 20742955.00.

Source : Equity Bulls

Keywords

BrigadeEnterprises INE791I01019 Realty BonusIssue 1For3