Advitiya Trade India Ltd board recommends bonus issue, name change

The Board of Directors of Advitiya Trade India Ltd in their meeting held on Saturday, August 21, 2021, has approved and recommended the issue of Bonus shares in the proportion of 44:100 i.e., 44 (Forty Four) Equity Share of face value of Rs. 10/- each for every 100 (One Hundred) existing Equity share of face value Rs. 10/- each fully paid up, held by the shareholders, subject to the approval of Members and other approvals, as may be necessary.

The board approved increase in Authorized share Capital of the Company from INR 13,50,00,100/- to INR 14,36,00,000/- , subject to the approval of the shareholders of the Company.

The board also recommended the Change of name of the Company from Advitlya Trade India Limited to 'Goyal Aluminiums Limited'.

Shares of Advitiya Trade India Limited was last trading in BSE at Rs. 43.8 as compared to the previous close of Rs. 43.8. The total number of shares traded during the day was 4000 in over 2 trades.

The stock hit an intraday high of Rs. 45 and intraday low of 43.8. The net turnover during the day was Rs. 177600.

Source : Equity Bulls

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