Tata Elxsi announces bonus share
DSIJ Intelligence / 27 Jul 2017
Tata Elxsi Limited on Thursday informed about the issuance of bonus shares to its shareholders in the ratio of 1:1 i.e. one bonus share of Rs 10 each fully paid-up for every one existing equity share.
Tata Elxsi Limited on Thursday informed about the issuance of bonus shares to its shareholders in the ratio of 1:1 i.e. one bonus share of Rs 10 each fully paid-up for every one existing equity share.
The bonus shares will be issued out of general reserve of the company available as of March 31, 2017 and are expected to be dispatched by September, 2017.
The company’s pre-bonus issue paid-up share capital is 3,11,38,220 equity shares of Rs 10 each, aggregating Rs 3,113.82 lakhs and the post-bonus issue paid-up share capital will be 6,22,76,440 equity shares of Rs 10 each, aggregating Rs 6,227.64 lakhs.
The stock was trading at Rs 1,740.90, up by 3.71% on BSE at 1434 hours. It opened at Rs 1,681 per share.
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