V-Mart Retail Limited recommends 3:1 bonus issue

The Board of Directors of V-Mart Retail Limited has recommended to members for their approval, the issue of bonus equity shares in the ratio of 3:1 i.e., 3 (Three) new fully paid-up 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, to the eligible equity shareholders of the Company as on the record date, subject to approval of the Members of the Company. The record date for reckoning eligible shareholders entitled to receive bonus shares will be communicated later.

Shares of V-Mart Retail Limited was last trading in BSE at Rs. 3370.50 as compared to the previous close of Rs. 3274.75. The total number of shares traded during the day was 11925 in over 2608 trades.

The stock hit an intraday high of Rs. 3508.75 and intraday low of 3200.00. The net turnover during the day was Rs. 40136404.00.

Source : Equity Bulls

Keywords

VMartRetail INE665J01013 BonusIssue 3For1