Gruh Finance Ltd allots Equity Shares pursuant to issue of 1:1 Bonus Shares

The Committee of Directors of Gruh Finance Ltd has, at its meeting held June 11, 2014, allotted 18,01,31,150 equity shares of Rs. 2/- each as fully paid-up bonus shares to the equity shareholders of the Company in the proportion of one equity share as fully paid bonus share for each equity share held on June 10, 201 4, being the Record Date fixed for the purpose.

The Company has allotted 18,01,31,150 equity shares of Rs. 2/- each pursuant to issue of Bonus shares.

Post the above allotment, the paid-up equity share capital of the Company would stand at Rs. 72,05,24,600 consisting 36,02,62,300 equity shares of Rs. 2 each. The new Equity shares shall rank pari passu.

Shares of GRUH FINANCE LTD. was last trading in BSE at Rs.191.75 as compared to the previous close of Rs. 199.85. The total number of shares traded during the day was 59108 in over 2506 trades.

The stock hit an intraday high of Rs. 200.3 and intraday low of 189. The net turnover during the day was Rs. 11453025.

Source : Equity Bulls

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