Commercial Syn Bags Ltd board recommends 2:1 bonus issue

The Board of directors of Commercial Syn Bags Ltd at its meeting held on 22nd October, 2022 has approved issue of bonus share in the proportion of 2 (Two) new equity bonus share for every 1(One) existing fully paid equity share of face value of Rs. 10/- (Rupees Ten).

The Bonus Shares will be issued out of the Security Premium Account/Free Reserves and/or accumulated surplus of profits available for distribution among the holders of existing fully paid equity shares of Rs. 10/- each of the Company.

Shares of Commercial Syn Bags Ltd was last trading in BSE at Rs. 304.80 as compared to the previous close of Rs. 290.70. The total number of shares traded during the day was 147859 in over 1240 trades.

The stock hit an intraday high of Rs. 311.05 and intraday low of 286.10. The net turnover during the day was Rs. 43309310.00.

Source : Equity Bulls

Keywords

CommercialSynBags INE073V01015 BonusShares 2For1