Multibagger small-cap stock sets record date for 1:2 bonus shares. details here

Small-cap company gave information to Indian Share Market The exchanges, citing the record date of the bonus shares, said, “In line with our notice on the outcome of the Board meeting held on August 03, 2022, regarding the recommendation for issuance of bonus shares, the company has fixed the ‘record date’ i.e. Wednesday. , to determine the eligible shareholders to receive bonus shares as approved in the 04th Annual General Meeting (AGM) of the Company held on 26th August, 2022 on 21st September, 2022.”

BSE has also issued notice regarding issue of Bonus Shares by the Small-cap Company, which states, “The Trading Members of the Exchange are hereby informed that, Alphalogic Techsys Ltd. has issued a notice on the record date for the purpose of Bonus Issue.” is decided.”

In August 2022, the small-cap company had informed the Indian stock market about the recommendations of bonus shares, saying, “We would like to inform you that a meeting of the board of directors of the company was held today to review the operations of the company. General Corporate Affairs and to consider and transact on the recommendation for issue of fully paid-up bonus shares in the ratio of 1:2 i.e. 1 (one) equity share for every 2 (two) fully paid-up equity shares. 05/- each, subject to the approval of the shareholders of the company. The Company shall notify in due course of time the “record date” for determining the shareholders entitled to receive the bonus shares.”

Alphalogic Techsys Ltd is a BSE listed stock which closed on Tuesday with a market cap of Rs. 154 crores. This small-cap stock has delivered returns of over 50 per cent to its shareholders in year-over-year (YTD) time frame. 46 to 68 Epic Levels. In the past one year, this small-cap stock has jumped from almost 31 to 68 each level, registering an increase of over 110 percent this time.

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