BLS International Services Limited board recommends 1:1 bonus issue

The Board of Directors of BLS International Services Limited at their meeting held today i.e. Monday, November 07, 2022, has, considered and recommended the the Bonus Issue of Equity Shares in the proportion of One new Equity Share of Re 1/- each for every One existing Equity Share of Re 1/- each held by the shareholders of the Company as on the record date (to be determined).

The existing Authorised Share Capital be increased from 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/- (Rupee One only) each, to Rs. 50,00,00,000/- (Rupees Fifty Crore only) divided into 50,00,00,000/- (Rupees Fifty Crore only) Equity Shares of Re. 1/- (Rupee 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. 338.90 as compared to the previous close of Rs. 335.45. The total number of shares traded during the day was 102286 in over 4971 trades.

The stock hit an intraday high of Rs. 343.00 and intraday low of 330.85. The net turnover during the day was Rs. 34579409.00.

Source : Equity Bulls

Keywords

BLSInternationalServices INE153T01027 BonusIssue 1For1