This surge is followed by the leading beverage player’s announcement of a bonus issue. The investors cheered as VBL announced a bonus issue in the ratio of 1:2, i.e., one equity share will be issued for every two equity shares of the face value of Rs10 each held in the company.
This issue is subject to approval from shareholders through Postal Ballot i.e., in compliance with the applicable laws.
The company will issue bonus shares worth Rs216.52 crore divided into 21,65,16,540 Equity Shares of Rs10 each. Bonus shares will be issued out of the securities premium account of the Company available as of December 31, 2021.
Post-bonus capital will be Rs649.54 crore divided into 64,95,49,620 equity shares of Rs10 each.
So far in the day, its scrip swirled between the band of Rs1,102 to Rs1,050 on the exchange.
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Securities Support WhatsApp Number
+91 9892691696
Download The App Now
Follow us on
2024, IIFL Securities Ltd. All Rights Reserved
www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.
