Bonus shares 2023: Rekha Jhunjhunwala and Ashish Kacholia portfolio stock Raghav Productivity Enhancers is expected to remain in focus during Tuesday deals. This BSE-listed Rekha Jhunjhunwala stock is going to trade ex-bonus today. Board of directors of this Ashish Kacholia share has declared issuance of bonus shares in 1:1 ratio, which means one bonus share will be allotted to every eligible shareholder of the company for owning one share on record date of bonus shares.
company has already informed BSE about the declaration in its exchange filing. Rekha Jhunjhunwala and Ashish Kacholia-backed company informed Indian stock market bourses about issuance of bonus shares citing, "Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors of the Company in their 2nd meeting held on Tuesday, 27th day of June, 2023 through Video Conferencing which commenced at 4:00 P.M. and concluded at 5:00 P.M.
inter alia considered and approved the proposal for issue of bonus equity shares to the members of the Company by capitalization of Securities Premium account in the ratio 1:1 i.e. 1 bonus equity shares of Rs. 10/- for every 1 existing equity shares of Rs.
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