Multibagger Stock: The Board of Nintech Systems Limited, a BSE listed software IT company, has announced the record date for issue of bonus shares. According to the company’s latest exchange communication, the board of directors of the company has fixed June 7, 2022 as the record date for issue of bonus shares. The IT Company has already informed the Board of the Company about the recommendation of Bonus Shares in the ratio of 1:2. ,
multibagger stock Informing about the record date of issue of bonus shares, “As per regulation 42 of SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015, we wish to inform that the record date for this purpose as on Tuesday, June 7, 2022 To determine the list of eligible shareholders for allotment of Bonus Equity Shares.
Multibagger IT Company has already announced bonus shares in the ratio of 1:2. In its communication with BSE dated 21st April 2022, the Software Company informed, “The Board of Directors (‘Board’) in its meeting held today, i.e., Thursday, 21st April, 2022 at 03.00 PM at the Registered Office of the Company, informed The following have been considered and discussed: 1. The Board has recommended issuance of Bonus Equity Shares in the ratio of 1:2. [i.e. 1 (One) bonus equity shares of Rs. 10/- each for every 2 (Two) fully paid-up equity shares held as on record date] Subject to the approval of the shareholders.”
The BSE listed IT company has given multibagger returns to its shareholders. According to the information available on the BSE website, IT stocks have risen. 14.40 each level to The level of 46.35 in the last one year, is giving about 220 per cent return to its shareholders in this period. Over the past six months, it has grown from the IT stock from 21 46.35, provides more than 100% return to its shareholders.