, a listed chemical trading and EV company, has fixed December 31 as the record date for its 3:1 bonus issue (three bonus equity shares for every one equity share held).
The company has also fixed January 8 as the record date to determine eligibility for the 10:1 stock split. It approved sub-division of one equity share of ₹10 face value into 10 equity shares of ₹1 face value each.
Subsequent approval in the postal ballot through e-voting was announced by the company on December 22 for the bonus issue, stock split, as well as increase in authorised share capital and to make an investment in the EV company A-1 Sureja Industries.
were up five per cent at ₹1,841 on Monday.