Integra Essentia board declares bonus shares in 1:1 ratio. Details here
Bonus shares 2023: Shares of Integra Essentia Ltd will be in focus today as board of directors of the company has considered and approved bonus share proposal in its meeting held on Monday. Integra Essentia Ltd board gave its approval for issuance of bonus shares in 1:1 ratio, which means one bonus share for each stock held by the eligible shareholders of the company.
The company board also approved ₹100 crore fund raise proposal via issuance of fresh shares. The small-cap company informed Indian stock market exchanges about issuance of bonus shares citing, "In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company in their meeting held today i.e.
Monday, November 27, 2023 at the Registered Office of the Company, inter-alia considered and approved issuance of Bonus issue of equity shares in the ratio of 1 : 1 i.e. 01 (One) equity share of Rs.
1/- each for every 1 (One) equity shares of Rs. 1/- each held by the eligible shareholders of the Company as on record date, subject to shareholders and other statutory approvals." Also Read: Stocks to Watch: TCS, Maruti, Paytm, Wipro, PB Fintech, Eicher "Record Date to determine the eligible shareholders shall be decided and will be intimated to exchange separately," Integra Essentia added in its stock market exchange filing.
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