Daliy update Mr. Ajit Ahire
Multibagger stock recommends bonus shares issue in 1:10 ratio The multibagger stock has rallied more than 136% in a year 1 min read . 15 Aug 2022 Livemint The multibagger stock has rallied more than 67% in 2022 (year-to-date or YTD) so far Listen to this article Shubham Polyspin Ltd's board of directors met on Saturday, August 13, 2022 and recommended the issue of bonus equity shares of the company in the ratio of 1:10. Bonus shares are fully paid additional shares issued by a company to its existing shareholders. “the board of directors of the company has recommended the issuance of 1 (One) bonus equity share of Rs. 10/- each fully paid up for existing 10 (Ten) Equity Shares of Rs. 10/- each by utilising Rs. 1,10,20,000/- out of part of the Credit balance of Profit & Loss Account outstanding and as reflected in the Financial Statements of the Company as on 31st March, 2022," the company informed in an exchange filing. Further, the board has also approved an inc...