The Board of Directors of India Motor Parts & Accessories Ltd (IMPAL) at their meeting held on September 10, 2019, have recommended Bonus issue of Equity Shares in the ratio of 1 (one) Equity Share of Rs. 10/- each for every 2 (Two) Equity Shares of Rs. 10/- each held by the shareholders of the Company as on the record date, subject to the approval of shareholders to be obtained through Postal Ballot / E-Voting.
The board of directors have fixed Tuesday, the 22nd October 2019 as the record date for determining the entitlement of members to receive bonus shares.
Shares of INDIA MOTOR PARTS & ACCESSORIES LTD. was last trading in BSE at Rs.889.95 as compared to the previous close of Rs. 875.6. The total number of shares traded during the day was 1677 in over 170 trades.
The stock hit an intraday high of Rs. 891 and intraday low of 872. The net turnover during the day was Rs. 1475837.