Sub-division and Bonus issue of Global Capital Markets Ltd. (Scrip Code: 530263)
NOTICES Notice No. 20230412-34 Notice Date ... | April 12, 2023
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NOTICES Notice No. 20230412-34 Notice Date ... | April 12, 2023
A corporate action recognized as the issuance of additional shares to current shareholders of a corporation, typically in proportion to their current shareholding, is known as a bonus share.
Global Capital Markets Ltd has fixed Record date of 20th March 2023 for subdivision in face value of Equity Shares of ₹ 10/- to ₹ 1/- each and issue of Bonus Equity Shares in the ratio of 1:1.
With a market valuation of ₹248.01 Cr, Nettlinx Ltd. is a small-cap company with operations in the telecom industry.
The Board of directors of Nettlinx Ltd considered and recommended the Bonus Issue in the ratio of 1:1, subject to the approval by the shareholders and any other applicable statutory and regulatory approvals.