For 1 Share & Get Apiece Free: 1:1 Bonus Shares, October 4 Record Date; Buy?

Global manufacturing, engineering, and supply chain management services are all fully provided by Bombay Metrics Supply Chain Ltd. Texas, Ohio, California, and Mexico are among the regions where Bombay Metrics maintains warehouses. The company has offices in Mexico, Poland, China (Ningbo and Shenzhen), India (Mumbai), and the United States (Columbus, Ohio). It links customers with ISO-accredited vendors in Malaysia, Taiwan, Vietnam, China, India, and Australia.

Bombay Metrics Supply Chain Bonus Shares

"Pursuant to Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and in furtherance to our letter dated August 17, 2024, it is hereby informed that Board of Directors through Circular resolution passed today i.e. on September 13, 2024 has fixed Friday, October 04, 2024 as the "Record Date", to ascertain the eligibility of Shareholders to receive the fully paid-up bonus equity shares of face value of Rs. 10/- (Rupee Ten Only) (Equity Shares) in the proportion of 1:1 i.e., 1 (One) bonus share for every 1 (One) equity share of face value of Rs. 10/- (Rupees Ten Only) held, if approved at the 09th AGM," said Bombay Metrics Supply Chain in an NSE filing.

Bombay Metrics Supply Chain Bonus Shares Allotment

"The allotment of shares in bonus issue shall be made only in dematerialized form and thus, in case of members who hold equity shares in dematerialized form, the bonus equity shares shall be credited to the respective beneficiary accounts of the Members with their respective Depository Participant(s) and in the case of Members who hold equity shares in physical form, the bonus equity shares shall be transferred to the Suspense Account opened in this regard, within such time as prescribed by law and the relevant authorities, subject to guidelines issued by SEBI in this regard," said Bombay Metrics Supply Chain in a stock exchange filing.

Bombay Metrics Supply Chain Share Price Target

"Bombay Metrics Supply Chain stock price is slightly bullish on the Daily charts with strong support at 132. A Daily close above resistance of 145.8 could lead to a target of 173 in the near term," said A R Ramachandran, Independent Research Analyst.

Disclaimer

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