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La Opala RG trades ex-bonus today; stock falls 12%

The stock dipped 12% to Rs 288 on the BSE as the stock adjusted for the bonus shares in the ratio of 1:1 with effect from today.

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SI Reporter Mumbai
La Opala RG has dipped 12% to Rs 288 on the BSE as the stock adjusted for the bonus shares in the ratio of 1:1 (i.e. one bonus share for every one share held on the record date) with effect from today.

The Company has fixed Friday, March 23, 2018 as the record date in order to determine the eligible shareholders to receive bonus shares. The Members whose names will appear in the register of members of the Company and/or Register of beneficial owners maintained by the depositories at the close of business hours on March 23, 2018, will