Macrotech Developers Limited allots bonus shares

The Executive Committee of the Board of Directors of Macrotech Developers Limited has allotted 48,18,05,547 equity shares of ₹10/- each as fully paid-up bonus equity shares, in the ratio of 1 new fully paid-up equity share of ₹ 10 each for every existing 1 equity share of ₹ 10 each, to members whose names appear in the register of Members/Beneficial Owners as on May 31, 2023, being the record date fixed for this purpose. Consequently, the paid-up equity share capital of the Company stands increased to ₹ 9,63,61,10,940 consisting of 96,36,11,094 equity shares of ₹10/- each.

The bonus equity shares as allotted shall rank pari-passu in all respects with the existing fully paid-up equity shares of the Company.

Shares of Macrotech Developers Limited was last trading in BSE at Rs. 1052.65 as compared to the previous close of Rs. 1060.30. The total number of shares traded during the day was 3285450 in over 5240 trades.

The stock hit an intraday high of Rs. 1081.80 and intraday low of 1026.95. The net turnover during the day was Rs. 3386893446.00.

Source : Equity Bulls

Keywords

MacrotechDevelopers INE670K01029 LODHA SharesAllotment Bonus 1For1