Manpasand Beverages approves 1:1 bonus issue



Stakeholder Grievance Committee, duly authorised by the board of directors of the Manpasand Beverages at its meeting held on Friday has approved the allotment of 5,72,16,198 equity shares of Rs 10 each as fully paid-up bonus shares in the ratio of 1:1 that is one equity share of Rs 10 each for every one fully paid-up equity share of Rs 10 each held.

The record date for the bonus issue is scheduled on September 28, 2017. As a result, total share capital of the company increased to 11,44,32,396 equity shares of Rs 10 each aggregating to Rs 114,43,23,960.

The stock of the Manpasand Beverages was trading marginally lower by 0.99% or Rs 4.7 per share at Rs 470 per share.

Meanwhile, Nifty was trading higher by 63 points to 9,832 level while Sensex was trading higher by 186 points at 31,469 level. India VIX was lower by 7.02% at 12.24 level.





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