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Visagar Financial Services board allots 3,25,09,000 bonus shares

The Meeting of the Board of Directors commenced at 12.30 PM to conclude at 1.00 PM on Monday.

January 25, 2022 9:24 IST | India Infoline News Service
Visagar Financial Services Ltd has informed that the meeting of the Board of Directors of the company held on Monday has inter-alia approved the major businesses.

The Board has approved the allotment of 3,25,09,000 Bonus shares in the ratio of 1:2 ie., 1 Equity shares of Rs. 1/- each for every 2 existing fully paid-up Equity Share of Rs. 1/- each held by the Members as on Record Date i.e. January 21, 2022.

The Meeting of the Board of Directors commenced at 12.30 P.M to conclude at 1.00 P.M.

At around 9:23 AM, Visagar Financial Services was trading at Rs6.33 per share up by Rs0.3 or 4.98% against previous closing of Rs6.03 per share on the BSE.

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