The board of directors of Brigade Enterprises Ltd has recommended bonus issue of equity shares in the ratio of 1:2 ( 1 bonus equity share for every 2 equity shares held in the Company) and approves preferential issue of 42,75,000 Warrants at an Issue Price of Rs. 269 per Warrant to Promoter Group and Promoter Entity aggregating to Rs.114.99 crores.
Shares of BRIGADE ENTERPRISES LTD. was last trading in BSE at Rs.264 as compared to the previous close of Rs. 267.35. The total number of shares traded during the day was 6152 in over 308 trades.
The stock hit an intraday high of Rs. 270 and intraday low of 261.55. The net turnover during the day was Rs. 1642183.