1:1 Bonus Issue: Multibagger FMCG Stock Under Rs 340 Approves Allotment Of Bonus Share

Board of Directors of small cap company from the food industry, Integrated Industries Ltd today have considered and approved allotment of bonus shares. With the latest development the issued and paid up equity share capital of the company increased to Rs. 19,15,79,020 divided into 1,91,57,902 equity shares of face value of Rs. 10/- each.

Last trading price of Integrated Industries share on BSE is Rs 336.05 per share with intraday gain of 5.00% as on April 16, 2024. Integrated Industries shares zoomed 939% in last 1-year. Check details below:

Integrated Industries Approves Bonus Share Allotment: As per the BSE filing of the company dated April 17, "Board of Directors of the Company in their meeting held today has made allotment of 95,78,951 fully paid-up Bonus Equity Shares of Re. 10/- cach in the ratio 1:1 (One) Equity Share of Re 10/- each for every (One) Equity Share of Re 10/- each held by the shareholders of the Company as on the record date 16" April, 2024, in accordance with SEBI (ICDR) Regulations, 2018 and applicable rules. Pursuant to above said allotment of Bonus Shares, the issued and paid-up equity share capital of the Company stands increased to Rs. 19,15,79,020 divided into 1,91,57,902 equity shares of face value of Re 10/- each."

Integrated Industries Shares Trade Ex-Bonus On April 16: According to the BSE filing of the company dated April 2, 2024, "the Board of Directors has fixed Tuesday, April 16, 2024, as the record date, for the purpose of ascertaining the eligibility of shareholders entitled for issuance of Bonus Shares. The Bonus Shares, once allotted, shall rank pari-passu in all respects with and carry the same rights as the existing equity shares and shall be entitled (to participate in full in any dividend and other corporate action, recommended and declared after the new equity shares are allotted."

Integrated Industries Share Performance & Return: The FMCG company's 52-week high price on BSE is quoted at Rs 338.50 per share (as on 05/03/2024) and 52-week low price is quoted at Rs 27.23 per share (as on 05/05/2023), respectively. Integrated Industries shares gave return of 49% year-to-date, jumped 19,902% in last 2-years, and gained 25,166% in last 3-years. In last 5-years, Integrated Industries stock gave return of 47,907%.

Integrated Industries Financials: The company for the quarter ended December 31, 2023 declared its consolidated total income at Rs 125.77 crore, up 169.08% as compared to last quarter total income of Rs 46.74 crore. It announced its latest quarter net profit at Rs 9.19 crore.

About: Integrated Industries Limited, formerly Integrated Technologies Limited, is an India-based holding company. The Company operates through two segments: Manufacturing of Food Products and Trading of Food Products.

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