Multibagger Stock announced 1:2 bonus share. do you have

inform the Indian Share Market Regarding the Exchange Bonus Shares issue, Yug Decor Limited said, issuance of 1 (one) bonus share for every 2 (two) equity shares held by the shareholders of the company as on the “record date”. Subject to the approval of the shareholders and other applicable statutory and regulatory approvals, as may be required. The company will notify the “record date” to determine whether eligible shareholders will receive the bonus shares in due course.”

The Bonus Shares once allotted shall be classified as piri-pasu in all respects and shall have the same rights as the existing Equity Shares and shall be entitled to any dividend and to participate wholly in the corporate action(s) of either. Recommended and declared after the issue and allotment of such bonus shares.

In this meeting, the company board also increases the authorized share capital of the company 4.25 Cr to 11 crore by creation of additional 67.50 lakh equity shares of the company of 10 per share face value.

Era Decor Share Price History

Yug Decor shares are one of the multibagger stocks that the Indian stock market has produced this year. In the past one month, this multibagger stock has risen from approx. from 32.50 57 each level, entering close to 75 percent growth in the period. In the last six months, this BSE listed stock has risen from around 30 to It is currently at 57 levels each, registering a growth of about 90 percent. Similarly, in year-on-year (YTD) time, this multibagger stock has given around 120 per cent returns to its shareholders. from 25.90 57 each level in 2022.

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