Chavda Infra gives green light to 1:1 bonus shares

The board of Chavda Infra has cleared a 1:1 bonus share issue, planning to distribute 3.26 crore bonus shares through the capitalisation of reserves. Additionally, the board decided to increase the authorised share capital to ₹70 crore to facilitate this issuance and aid future capital raising efforts. No dividend was announced, as the company chose to keep its earnings to bolster its financial position and drive long-term expansion.

by shortkt.com
6 घंटे पहले
Chavda Infra gives green light to 1:1 bonus shares | ShortKT