Gilada Finance & Investments Ltd board recommends bonus issue

The Board of Directors of Gilada Finance & Investments Ltd at its meeting held on February 14, 2022, has approved the bonus issue.

In order to further improve the liquidity in shares of the Company and larger participation in equity shares of the Company by public shareholders and reward the long term shareholders of the company, it has been decided to issue bonus shares in the ratio of 1:1 by capitalizing the free reserves after the proposal for split of the shares is approved by the Shareholders of the Company.

Shares of Gilada Finance & Investments Ltd was last trading in BSE at Rs. 54.50 as compared to the previous close of Rs. 51.95. The total number of shares traded during the day was 3153 in over 16 trades.

The stock hit an intraday high of Rs. 54.50 and intraday low of 54.50. The net turnover during the day was Rs. 171838.00.

Source : Equity Bulls

Keywords

GiladaFinanceandInvestments INE918C01011 BonusIssue