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.
