EIH Associated Hotels Limited recommends 1:1 bonus issue

The Board of Directors of EIH Associated Hotels Limited at their meeting held today, has recommended the capitalization of reserves by issuing Bonus Shares in the ratio of 1 (One) fully paid-up bonus equity share of Rs.10/- (Rupees Ten only) each for every 1 (One) existing fully paid-up equity share of Rs.10/- (Rupees Ten only) each held by Shareholders of the Company as on the record date, subject to the approval of Shareholders at the forthcoming Annual General Meeting ("AGM") of the Company.

The Company has fixed Monday, 29th July 2024 as the record date for determining the list of eligible shareholders entitled for issuance of Bonus Shares in the ratio of 1 (One) fully paid-up bonus equity share of Rs.10/- (Rupees Ten only) each for every 1 (One) existing fully paid-up equity share of Rs.10/- (Rupees Ten only) each, if approved by Shareholders.

Shares of EIH Associated Hotels Limited was last trading in BSE at Rs. 844.75 as compared to the previous close of Rs. 851.55. The total number of shares traded during the day was 10712 in over 743 trades.

The stock hit an intraday high of Rs. 865.00 and intraday low of 840.10. The net turnover during the day was Rs. 9087926.00.

Source : Equity Bulls

Keywords

EIHAssociatedHotels INE276C01014 BonusIssue 1For1