As per the company filings, the corporate will concern one absolutely paid-up bonus fairness share of face worth Rs 10 for each one current absolutely paid-up fairness share of Rs 10 held by shareholders as on the file date.
The issuance shall be made to these whose names seem within the Register of Members or are listed as useful house owners within the information of the Nationwide Securities Depository Restricted (NSDL) and Central Depository Providers (India) Restricted (CDSL) on December 19.
This transfer adopted the board’s decision handed earlier, the place the proposal for issuing bonus shares within the ratio of 1:1 was authorised, topic to relevant statutory and regulatory circumstances.
The corporate later introduced by a round that the file date for figuring out eligibility can be December 19.
The corporate had additionally introduced that the deemed date of allotment of the bonus shares is ready as Monday, December 22.
With the T+1 settlement system in place for Indian equities, December 19 will even be the ex-date for this bonus concern. Subsequently, solely these shareholders who buy shares of Dr. Lal PathLabs on or earlier than right now, December 18, shall be eligible to obtain the bonus shares underneath the 1:1 issuance plan.
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