Polyspin Exports Ltd fixes Sep 8, 2020 as record date for stock split, bonus issue

The Board of Directors of Polyspin Exports Ltd in their meeting held on 25th June, 2020 and subject to the approval of the members in the Annual General Meeting held on 12th August 2020, has fixed September 8, 2020 as the Record Date for the purpose of sub-division of one Equity Share of the face value of Rs.10/- each (Rupees ten only) fully paid-up into 2 (Two) Equity Shares of Rs. 5/- each (Rupees five only) fully paid-up and also for the purpose of determining eligibility of the shareholders for Allotment of Bonus Equity Shares in the proportion of 1 : 4 i.e., 1 (One) fully paid-up equity share for every 4 (Four) existing fully paid-up equity shares held by the members.

Shares of Polyspin Exports Ltd was last trading in BSE at Rs.72.5 as compared to the previous close of Rs. 72. The total number of shares traded during the day was 1271 in over 15 trades.

The stock hit an intraday high of Rs. 78.75 and intraday low of 72. The net turnover during the day was Rs. 96094.

Source : Equity Bulls

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