ANG Lifesciences India fixes Sept 23 as record date for bonus issue; Stock jumps 3%

The fully paid-up Bonus Shares shall be distributed to the Members of the Company, whose names appear in the Register of Members.

Sep 14, 2021 09:09 IST India Infoline News Service

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ANG Lifesciences India Ltd stocks rally in the market on Tuesday after it has fixed the record date for bonus issue.

Earlier, the company had informed that the Members of the Company have approved the issue of Bonus Shares in the proportion of 1 Bonus Equity Share of Rs 10/- each, for 1 fully paid-up Equity Share of Rs10/- each, existing Equity Share held by the Members and that the Bonus Shares so allotted shall, for all purpose, be treated as an increase in the paid-up capital of the Company.

Further, now the Board of Directors have approved and fixed 23rd September, 2021, as the Record Date for the purpose of deciding the Members who shall be eligible to the allotment of the Bonus Shares as per ratio mentioned above.

"The fully paid-up Bonus Shares shall be distributed to the Members of the Company, whose names appear in the Register of Members as on 23rd September, 2021, of the Company", said company in a regulatory filing.

At around 9:22 AM, ANG Lifesciences was trading at Rs667 per piece higher by 3.36% on Sensex.

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