Bharat Gears Ltd fixes Oct 29, 2021 as record date for rights issue

A meeting of the Board of Directors of Bharat Gears Ltd held on August 12, 2021 approved the issuance of Equity Shares of face value of Rs. 10/- each by way of rights issue to the existing shareholders of the Company in accordance with Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 and other applicable laws.

The Board of Directors at their meeting held today i.e. October 20, 2021 has fixed October 29, 2021 as Record Date for the purpose of determining the shareholders eligible to apply for rights issue.

ISIN for Rights Entitlements for Equity Shares proposed to be issued under the Rights Issue activated by National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL) is INE561C20019.

Shares of Bharat Gears Limited was last trading in BSE at Rs. 173.95 as compared to the previous close of Rs. 170.15. The total number of shares traded during the day was 9739 in over 480 trades.

The stock hit an intraday high of Rs. 180.05 and intraday low of 171.75. The net turnover during the day was Rs. 1702350.00.

Source : Equity Bulls

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BharatGears INE561C01019 AutoParts Equipment