Precision Wires India has fixed December 22 as the record date, for the purpose of ascertaining the eligibility of shareholders for issuance of Bonus Equity Shares.
The board of the company earlier announced bonus shares in the ratio of 1:2 (one share for two shares held in the company), subject to the approval of shareholders. The result of postal ballot will be declared on December 14, the company said in a release.
Shares of Precision Wires India Limited closed 2.33 per cent higher at ₹103.40 on the BSE.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.