Shareholders of Giriraj Civil Developers Limited have a reason to celebrate this Diwali as the company has announced bonus shares for eligible investors.
The company will distribute bonus shares in a 4:1 ratio, which means that for every one share held by an eligible shareholder, they will receive four bonus shares. The record date for determining the eligible shareholders has been set.
Share Details
Giriraj Civil Developers Limited recently disclosed their bonus share plan in compliance with SEBI regulations.
According to the company, for each existing equity share, they will issue four new equity shares with a value of Rs 10 each.
Share Price Update
As of today, Giriraj Civil Developers’ shares are trading at Rs 1950 on the NSE.
The 52-week high for the company’s shares is Rs 2050.00, while the 52-week low is Rs 119.05 per share.
Over the last three months, the company’s shares have seen an impressive 458% increase, and in the past year, they have surged by 1537%.
The market capitalization of Giriraj Civil Developers currently stands at Rs 932.90 crore.
