Shrenuj & Company has rallied 15% to Rs 137, also its record high on the BSE, after the company said its board approved the issue of bonus shares in the ratio of 1:1 i.e. One bonus equity share for every one share held.
The record date for the issue of bonus shares to the shareholders will be fixed after the approval of the issue of bonus shares by the shareholders of the company through postal ballot in consultation with stock exchanges, the company said in a statement.
The stock opened at Rs 126 and touched a low of Rs 125 so far on BSE. A combined around 32,000 shares changed hands on the counter in early morning deals on BSE and NSE.
The record date for the issue of bonus shares to the shareholders will be fixed after the approval of the issue of bonus shares by the shareholders of the company through postal ballot in consultation with stock exchanges, the company said in a statement.
The stock opened at Rs 126 and touched a low of Rs 125 so far on BSE. A combined around 32,000 shares changed hands on the counter in early morning deals on BSE and NSE.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%