BLS International Services Ltd recommends 1:1 bonus issue

The Board of Directors of BLS International Services Limited at their meeting held today i.e., 13th April, 2022, has considered, approved and recommended the Bonus Issue of Equity Shares in the proportion of (One) Equity Share of Re 1/- each for every (One) Equity Share of Re 1/- each held by the shareholders of the Company as on the record date.

The existing Authorised Share Capital be increased from Rs. 20,24,50,000 /- (Rupees Twenty Crore Twenty Four Lakh Fifty Thousand only) divided into 20,24,50,000/- (Rupees Twenty Crore Twenty Four Lakh Fifty Thousand only) Equity Shares of Re.1/- (Rupees one only) each, to Rs. 25,00,00,000/- (Rupees Twenty Five Crore only) divided into 25,00,00,000/- (Rupees Twenty Five Crore only) Equity Shares of Re. 1/- (Rupees One only) each and consequent Alteration of the capital clause of the Memorandum of Association of the Company, subject to approval of shareholders.

Shares of BLS International Services Limited was last trading in BSE at Rs. 325.20 as compared to the previous close of Rs. 327.50. The total number of shares traded during the day was 87630 in over 3625 trades.

The stock hit an intraday high of Rs. 334.50 and intraday low of 321.60. The net turnover during the day was Rs. 28590324.00.

Source : Equity Bulls

Keywords

BLSInternationalServices INE153T01027 BonusIssue