Ruchira Papers Ltd recommends 1:10 bonus issue

The board of directors of Ruchira Papers Ltd at its meeting held today i.e., Tuesday, 30th, August 2022, has considered and approved the issue of bonus shares in the ratio of 1:10 i.e., 1(One) new fully-paid up equity share of Rs. 10/- each to be issued for every 10 (Ten) equity shares held, subject to approval of shareholders of the Company at ensuing AGM. The Board has fixed Monday, 10th day of October 2022 as record date for the purpose of determining the members entitle to receive bonus shares provided, if the bonus as recommended by the board of directors is approved at the AGM.

The Pre-bonus paid up share capital is Rs.27,13,18,040 divided into 2,71,31,804 shares of Rs. 10. The Post bonus paid up share capital will be Rs.29,84,49,850 divided into 2,98,44,985 shares of Rs. 10 each.

Source : Equity Bulls

Keywords

RuchiraPapers BonusIssue 1For10