Avi Polymers surges as board OKs 1:10 bonus issue proposal
Mumbai, June 5 -- Accordingly, the company will issue 1 equity share for every 10 equity shares held by the eligible shareholders as on the record date, subject to such regulatory/statutory approvals as may be required.
As on March 31, 2026, the company 21,52,01,617 free reserves Following the bonus issue, the paid-up equity share capital will increase to Rs 103.49.crore comprising 10,34,94,710 equity shares of Rs 10 each.
Additionally, the company's board approved the sub-division/split of the face value of equity shares, each equity share with a face value of Rs 10 will be subdivided into 10 equity shares with a face value of Re 1 each
Post split the company's authorized capital will comprise 1,05,00,00,000 equity shares with a face ...
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