Published on 20/08/2020 6:05:06 PM | Source: Angel Broking Ltd
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Below is the Views On Aarti Drugs has announced a bonus issues by Mr. Yash Gupta, Equity Research Associate, Angel Broking Ltd
“Aarti Drugs Board of director approved the issuance of fully paid up Bonus Share in the ratio of 3:1 i.e. 3 (Three) Bonus Equity Share of Rs. 10/- each for 1 (One) fully paid up Equity Share of Rs. 10/- each. Along with this Board approved increase in authorized share capital of the Company from 25 Crores to 120 Crores by creation of additional 9.50 Crores Equity Shares of Rs. 10/-. After the bonus issue the number of shares will increase from 2.33 Crores to 9.32 Crores. This is a positive development for Aarti Drugs.”
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