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Advani Hotels & Resorts (India) informs about allotment of bonus shares

21 Mar 2024 Evaluate
In continuation of earlier communication dated January 29, 2024 and pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, (Listing Regulations), Advani Hotels & Resorts (India) has informed that the Board of Directors, at its meeting held today i.e. March 21, 2024, approved the allotment of 4,62,19,250 fully paid-up Equity Shares of Rs 2 each by way of Bonus issue to such members whose names have appeared in the Register of Members as on March 20, 2024, being the ‘Record Date’ fixed for the said purpose. The Bonus issue is in the proportion of 1:1, i.e. 1 (One) new fully paid-up Equity Share of Rs 2 each for every 1 (One) existing fully paid-up Equity Share of Rs 2 each. The Bonus Shares shall rank pari-passu in all respects and carry the same rights as that of existing equity Shareholders of the Company, which include dividends and other corporate benefits, if any, declared by the Company post Bonus Shares allotment. The requisite compliances with respect to credit of Bonus Equity Shares in the Demat Accounts of the concerned Shareholders shall be completed by March 28, 2024. The details of Company's Equity Share Capital before and after the allotment of the Bonus Shares of 4,62,19,250 is as enclosed. The above information will be available on the website of the Company at www.caravelabeachresortgoa.com/investor-relations.html

The above information is a part of company’s filings submitted to BSE.

Advani Hotel&Resorts Share Price

55.09 0.40 (0.73%)
21-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Indian Hotel 666.05
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Mahindra Holi.&Resor 269.45
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