Shares BLS International Services Ltd rose over 10% 369 on the BSE in early deals on Thursday after setting a record date for its bonus issue. BLS International is an online visa application center in India, providing visa counseling services.
The Board of Visa Outsourcing Company in its meeting held on April 27, 2022 has fixed Tuesday, May 17, 2022 as the ‘Record Date’, with the aim of ascertaining the eligibility of shareholders entitled to issue Bonus Equity Shares of the Company. Is. The ratio of 1 (one) equity shares of Rs. 1/each for every 1 (one) existing equity share of Rs. 1 to each.
the issue of bonus share Subject to shareholders’ approval at the upcoming EGM to be held on Monday, May 09, 2022. Bonus shares are fully paid-up additional shares issued by a company to its existing shareholders.
Further, the Company on Thursday informed that a meeting of the Board of Directors of the Company will be held on Saturday, May 07, 2022 to, inter alia, consider and approve the financial results of the Company for the quarter and year ended March 31. Will be done. , 2022, and to recommend the final dividend, if any, for the financial year 2021-22, inter alia.
Shares of BLS International have gained over 308% in a one-year period on BSE, while Multibagger stock has gained nearly 95% so far in 2022 (Year-to-date or YTD).