Bonus Share 2022: The Board of Directors of Puneet Commercials Limited has declared the record date for issue of Bonus Shares. The small-cap company has informed Indian exchanges that the company board has fixed 9 November 2022 as the record date for issue of bonus shares. The small-cap company has already considered and approved bonus shares in the ratio of 5:1, i.e. five bonus shares bonus shares each share held by one shareholder on the record date.
Notifying the Indian Stock Exchange Exchanges Bonus Share Record DateThe small-cap jewelery company said, “With reference to the subject matter cited above, it is to inform the Exchange that the Board of Directors of Puneet Commercials Limited (Company) in its meeting held on October 04, 2022, considered the issue of payment in full -up Bonus Shares in the ratio of 5:1 (i.e. 5 Bonus Equity Shares for every 1 Equity Share) subject to the approval of the Members of the Company at the Extraordinary General Meeting to be held on 28th October, 2022.”
“The Board of Directors of the Company in its Board meeting held on October 04, 2022 has authorized Smt. Vinita Raj Narayanam, Managing Director of the Company to fix the record date for the purpose of determining the eligibility/ eligibility of the Shareholders (Members). Receive bonus shares, and accordingly, the record date has been fixed as Wednesday, November 09, 2022,” the small-cap jewelery company said.
Puneet Commercials Share Price History
Shares of Puneet Commercial are one of the multibagger stocks of Indian stock market. Shares listed on BSE have risen from close from 20 51.25 level in about one and a half months, around 150 per cent return to its shareholders. In the last one month, this small-cap jewelery stock has gained from around 36.55 per cent 51.25 level, up 40 percent.
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