Salasar Techno Bonus: Tower Maker Announces 4:1 Bonus; Check Out Record Date
Salasar Techno Bonus Shares Update: Salasar Techno on Wednesday announced the release of bonus shares in the ratio of 4:1 i.e. Four new fully paid free capital shares with a nominal value of Rl each will be provided for the existing fully paid share capital. Shares worth 1 rupee each held by the shareholder.
“We recommend issuing bonus shares in a ratio of 4:1, i.e. Four (4) New Fully Paid-Up Bonus Capital – Part of Rs.1 each (Rs.0 only) for every Rs.1 (0n) of existing paid-up capital paid-up capital. “A share of Rs.1 (one rupee only) held by each member of the company on the date of incorporation, subject to shareholder approval and other statutory approvals,” the company said in a statement.
Salasar Techno bonus registration date
The deadline for determining eligible shareholders will be determined and announced separately for the exchange, the company said.
Here is some additional information from the file:
Estimated date on which these bonus shares will be credited/disbursed : Within 2 months from the date of the board meeting at which the decision to issue the bonus shares will be taken, subject to the approved shareholders.
Free reserve and exercise premium required for free issue : Rs.126,28,21,120/- required for free issue
Total number of securities proposed for issue or total amount for which securities will be issued : 126,28,21120 shares of Rs.1 each, fully paid up.
Salasar Techno Share Price NSE
Shares of Salasar Techno rose five per cent to hit a 52-week high of Rs 64.7 apiece on the NSE for the second straight day. At 2 pm, it was trading 2.45 per cent lower at Rs 59.75 on the NSE.
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