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“The company has fixed Tuesday the 28th day of March, 2017 as record date for the purpose of ascertaining the eligibility of shareholders who would be entitled to receive 1 (one) new bonus equity share of nominal value of Rs 5 each in lieu of 1 (one) existing equity share of nominal value of Rs 5 each,” Poly Medicure said in a regulatory filing.
The stock trading at its fresh 52-week high, rallied 34% since February 6, after the company engaged in medical equipment business announced bonus issue.
At 10:54 am; it was up 7.7% at Rs 620 as compared to 0.5% decline in the S&P BSE Sensex. A combined 80,439 shares changed hands on the counter on BSE and NSE so far.