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Authum Investment & Infrastucture Ltd ( (IN:AIIL) ) has provided an announcement.
Authum Investment & Infrastructure Limited has announced the approval of issuing bonus shares, subject to shareholder approval. The Board of Directors has approved an increase in the company’s authorized share capital and the issuance of bonus shares in a 4:1 ratio, which means four new shares for every existing share held. This move is aimed at capitalizing reserves and requires further regulatory and shareholder approvals.
More about Authum Investment & Infrastucture Ltd
Average Trading Volume: 30,548
Technical Sentiment Signal: Buy
Current Market Cap: 456.1B INR
See more data about AIIL stock on TipRanks’ Stock Analysis page.