JBM Auto Ltd approves allotment of bonus shares

The Board of Directors of JBM Auto Ltd at its meeting held on October 09, 2014, has considered and approved the allotment of 2,03,97,682 equity shares as bonus shares in the proportion of 1:1 i.e. 1 (one) new equity share for every 1 (one) existing fully paid up equity shares as approved by shareholders in the 18th Annual General Meeting of the members of the Company held on September 24, 2014.

Shares of JBM AUTO LTD. was last trading in BSE at Rs.261.65 as compared to the previous close of Rs. 249.2. The total number of shares traded during the day was 7184 in over 205 trades.

The stock hit an intraday high of Rs. 261.65 and intraday low of 243. The net turnover during the day was Rs. 1771425.

Source : Equity Bulls

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