At the meeting of the Board of Directors of Bharat Gears Ltd held on October 09, 2018 approving the issuance of Equity Shares of face value of Rs. 10/- each by way of rights issue to the existing shareholders of the Company in accordance with Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 and other applicable laws.
The Board of Directors at their meeting held today i.e. March 22, 2019 has fixed April 03, 2019 as Record Date for the purpose of determining the shareholders eligible to apply for rights issue.
Shares of BHARAT GEARS LTD. was last trading in BSE at Rs.163.5 as compared to the previous close of Rs. 166.95. The total number of shares traded during the day was 700 in over 49 trades.
The stock hit an intraday high of Rs. 169.3 and intraday low of 163. The net turnover during the day was Rs. 116828.