Polyspin Exports Ltd Board recommends 1:4 Bonus Issue

The board of directors of Polyspin Exports Ltd at its meeting held today, has recommended for the issue of Bonus equity shares in the proportion of 1:4 i.e. 1 (One) new fully paid-up equity share of Rs. 5/- (Rupees Five only) each for every 4 (Four) existing fully paid-up equity share of Rs.5/- (Rupees Five only) each held by the members.

Shares of Polyspin Exports Ltd was last trading in BSE at Rs.86.95 as compared to the previous close of Rs. 82.85. The total number of shares traded during the day was 255 in over 3 trades.

The stock hit an intraday high of Rs. 86.95 and intraday low of 86.95. The net turnover during the day was Rs. 22172.

Source : Equity Bulls

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