ANG Lifesciences India Ltd Board recommends 1:1 Bonus Issue

The Board of Directors of ANG Lifesciences India Ltd in its meeting held on today, Friday, 06th August, 2021 has, approved the Increase in Authorised Share Capital of the Company from Rs. 5,50,00,000 (Rupees Five Crore fifty lakhs) to. Rs. 11,00,00,000 (Rupees Eleven Crores) and consequent alteration of Clause V of the Memorandum of Association of the Company pursuant to Increase in Authorised Share Capital subject to shareholder's approval by way of Postal Ballot.

The board also approved the Issuance of fully paid up Bonus Shares in the ratio of One (1) Fully paid up share for every One (1) fully paid up shares held, subject to shareholder's approval by way of Postal Ballot.

Shares of ANG Lifesciences India Limited was last trading in BSE at Rs. 383.4 as compared to the previous close of Rs. 370.1. The total number of shares traded during the day was 40000 in over 21 trades.

The stock hit an intraday high of Rs. 384.9 and intraday low of 353.05. The net turnover during the day was Rs. 14906800.

Source : Equity Bulls

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