Microcap Stock Under Rs 50 Fixes Record Date For 4:1 Bonus Shares

Taparia Tools Ltd., today, 19th June 2023 informed the BSE that it has fixed the "Record Date" for the Bonus for the 4:1 Bonus Issue i.e. 4 Fully paid-up equity shares for every 1 (one) equity shares held. The company fixes 11th July 2023 as the "Record Date" for the Bonus Issue.

Taparia Tools Ltd. is a microcap company having a market capitalisation of Rs. 3.35 crore. The company is involved in the manufacturing and trading of hand tools.

Fixing Record Date for Issue of Bonus Equity Shares

According to the regulatory filing by the Board of Directors of Taparia Tools Ltd., "In terms of Regulation 42 of SEBI (listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that the company has fixed, 11th July, 2023 as the "Record Date ", for the purpose of ascertaining the eligibility of shareholders entitled for issuance of Bonus Equity Shares of the Company in the ratio of 4:1 [ie : 4 Fully paid up equity shares for every 1 (one) equity shares held.] Subject to the approval of shareholders."

Stock Overview

The current market price of Taparia Tools on BSE is Rs. 11.02 apiece, up 4.95% as compared to its previous close of Rs. 10.50 apiece. The stock's 52 week high is Rs. 12.14 apiece and 52 week low is Rs. 10.50 apiece, respectively.

The stock declined 9.23% in 1 year and 81.16% in 5 years, respectively. It was listed on 20 January 1998, according to information on BSE.

Disclaimer - The above-mentioned Stock fixes "Record Date" for Bonus Shares. The information mentioned is purely informational. The information should not be taken as an advisory to invest. Greynium Information Technologies and the Author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before making any investment decision.