Specialty Chemicals Stock Sets Record Date For 2:1 Bonus Shares

Bhansali Engineering Polymers Ltd. on Thursday, June 22, 2023, sets record date for 2:1 Bonus Shares. The Board fixed July 5, 2023, as the record date for teh Bonus Shares.

This is a small-cap Speciality Chemicals company engaged in the manufacturing and sale of Acrylonitrile Butadiene Styrene (ABS). It has a market valuation of Rs 2,18,746.59 crore.

Bonus Issue

According tothe regulatory filing by the company, "The Board of Directors of the Company has through circular resolution fixed Wednesday, 5th July, 2023 as the Record Date for the purpose of ascertaining the shareh olders entitled to receive Bonus Shares in the ratio of 2:1 i.e. 1 (One) Equity Share of the face value of Rs 1/- each for every 2 (Two) Equity Shares held as approved by shareholders at the Annual General held on 19th June, 2023."

Stock Movement

On Monday, the stock of Bhansali Engineering Polymers opened at Rs 130.05 apiece, currently trading at Rs 131.85 apiece, up 1.85% from its previous close.

The stock traded the 52-week high on Jun 06, 2023, at Rs 166.90 apiece and 52-week low on Mar 28, 2023, at Rs 87.05 apiece.

The stock surged 0.73% in 1-week and fell 9.3% in 1-month. It gave a robust return of 41.48% in 3-months. It gave 26.78% positive return in 1-year and 185.42% in 3-years, respectively. It declined 9.86% in 5-years.

Disclaimer

Bhansali Engineering Polymers sets record date for Bonus Issue. The above-mentioned information is purely informational. This 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.