Thangamayil Jewellery has made a significant announcement of a 1:1 bonus

Thangamayil Jewellery has made a significant announcement of a 1:1 bonus

Thangamayil Jewellery Limited, has recently made significant announcements regarding its operations. The company’s board of directors has recommended the issuance of bonus shares to existing shareholders, indicating a commitment to rewarding and sharing its success with investors.

Thangamayil Jewellery Limited has announced important updates on its operations. The board of directors has proposed issuing bonus shares to current shareholders, demonstrating a dedication to rewarding and sharing success with investors.

Thangamayil Jewellery Limited has announced bonus shares for existing shareholders. The decision was made by the board of directors and the record date will be announced soon. The announcement was made at the company’s Annual General Meeting (AGM), where share performance was also discussed. Thangamayil Jewellery Limited is listed on the Bombay Stock Exchange (BSE) and the news of bonus shares has resulted in increased trading and stability, boosting investor confidence.

Thangamayil Jewellery Limited, a prominent jewellery company, has been recommended by its board of directors to issue bonus shares to current shareholders. The bonus share issuance rate will be 1:1, which means each shareholder will receive an additional share for every share they already own. The record date for eligible shareholders will be announced after the Annual General Meeting (AGM) on July 24th, 2023. The recommendation has been approved by the company’s shareholders.

Thangamayil Jewellery Limited’s shares were trading on the Bombay Stock Exchange at Rs. 1134.85, up from the previous closing price of Rs. 1122.90. A total of 918 shares were traded in 151 transactions during the trading day.

The company’s board has recommended a bonus share issue. This move shows the company’s commitment to rewarding its existing shareholders and sharing its success with them. Bonus shares give shareholders more ownership in the company without requiring more investment. This not only enhances shareholder value but also strengthens the company’s capital structure.

Thangamayil Jewellery Limited’s shares have shown stability and investor confidence with their consistent trading performance. The company is committed to providing value to its shareholders and maintaining a strong market presence.

Shareholders of Thangamayil Jewellery Limited can anticipate potential benefits of bonus shares and continued growth as the company gears up for its upcoming AGM. However, it’s important to note that stock market prices are subject to change and may differ from the figures mentioned.

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