Abhishek Integrations greenlights 1:1 bonus share distribution

The board of Abhishek Integrations has given the go-ahead for a 1:1 bonus share issue, pending necessary clearances from shareholders and regulators. Once completed, the firm's paid-up equity capital is set to rise from ₹6.33 crore to ₹12.66 crore. These bonus shares will be funded through the capitalization of the company’s retained earnings, general reserves, and securities premium account.

by shortkt.com
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Abhishek Integrations greenlights 1:1 bonus share distribution | ShortKT