Sadhana Nitro Chem Ltd recommends 2:9 bonus issue

The board of directors of Sadhana Nitro Chem Ltd has considered and approved the proposal for issuance of bonus shares in proportion of 2 (Two) Bonus equity shares for every 9 (Nine) equity shares of Face Value of Rs. 1/- each held by the shareholders of the Company as on record date, subject to the approval of shareholders by postal ballot.

The Record date for the aforementioned Bonus Issue will be announced in the due course.

Shares of SADHANA NITROCHEM LTD. was last trading in BSE at Rs. 131.85 as compared to the previous close of Rs. 132.45. The total number of shares traded during the day was 39096 in over 558 trades.

The stock hit an intraday high of Rs. 135.65 and intraday low of 129.90. The net turnover during the day was Rs. 5161828.00.

Source : Equity Bulls

Keywords

SADHANANITROCHEM INE888C01040 BonusIssue 2For9