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Nidhi Granites informs about allotment of bonus equity shares

04 May 2024 Evaluate

With reference to its letter dated 11th March, 2024 regarding issue of Bonus Equity Shares and 19th April, 2024 intimating the results of postal ballot (including E-voting). Nidhi Granites has informed that the Company has, on 4th May, 2024 allotted 40,00,000 Equity Shares of Rs 10 each as fully paid Bonus Shares to the existing shareholders of the Company as on Record Date 2nd May, 2024 fixed for this purpose, in the ratio of 1:1 i.e. 1 fully paid Equity Share for every 1 Equity Share held. Post the above allotment, the paid-up Equity Share capital of the Company shall stand increased to Rs 8,00,00,000 consisting of 80,00,000 equity shares of Rs 10 each. The said shares shall rank with existing Equity Shares of the Company in all respect.

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

Nidhi Granites Share Price

303.85 8.80 (2.98%)
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