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Multibagger Alert: After bonus issue consideration, this rubber company hit a new 52-week high

The board will also consider increasing authorized share capital from Rs 8 crore to Rs 10.2 crore during the meeting.

Abhishek Ranawade 0 24104 Article rating: 4.0

The company has provided investors with a fantastic return of 159.3 per cent over the previous year, said today that its board of directors will meet on March 28 to examine and approve a bonus issuance of shares. During the meeting, the board will consider expanding the company's authorised share capital from Rs 8 crore to Rs 10.2 crore. Further, the board will also take the proposal for migration and listing of equity shares of the company from the BSE SME platform to main board of BSE and NSE. 

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