M K Exim India Ltd allots 1,34,55,750 Bonus Equity Shares

The Board of Directors of M K Exim India Ltd, at its meeting held today i.e. Thursday 18, 2024 has allotted 1,34,55,750 Equity Shares of Rs. 10/- each as fully-paid up Bonus Equity Shares, in the proportion of One (1) New Fully paid-up Equity Shares of Rs. 10/- each for every Two (2) existing Equity Shares of Rs. 10/- each, to the eligible Members whose names appeared in the register of Members / list of beneficial owners as on January 17, 2024, i.e. record date fixed for this purpose.

Pursuant to the above allotment, the paid-up Equity Share Capital of the Company Pre-Bonus was Rs. 26,91,15,000 divided into 2,69,11,500 Equity Shares of Rs. 10/- each and increased to Rs. 40,36,72,500 divided into 4,03,67,250 Equity Shares of Rs. 10/- each.

The Equity Bonus Shares as allotted above shall rank pari-passu and carry the same rights with the existing equity shares of the Company in all respects.

Shares of M.K. Exim (India) Ltd was last trading in BSE at Rs. 114.70 as compared to the previous close of Rs. 121.20. The total number of shares traded during the day was 154132 in over 2595 trades.

The stock hit an intraday high of Rs. 121.00 and intraday low of 111.05. The net turnover during the day was Rs. 17716076.00.

Source : Equity Bulls

Keywords

MKEximIndia INE227F01010 SharesAllotment BonusIssue 1For2