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Board of Precision Wires India allots 5.78 cr bonus equity shares

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Capital Market
Last Updated : Dec 17 2022 | 12:16 PM IST

At meeting held on 16 December 2022

The Board of Precision Wires India at its meeting held on 16 December 2022 has allotted 5,78,18,115 equity shares as fully-paid up bonus equity shares, in the ratio of One equity share for every two equity shares, to eligible Members whose names appear in the register of Members/list of beneficial owners as on 22 December, 2022, being the record date fixed for this purpose.

Consequently, the paid-up equity share capital of the Company stands increased from Rs. 115636230 to Rs. 17,34,54,345 by increase and addition of 5,78,18,115 equity Shares of Rs.1 each fully paid up.

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First Published: Dec 17 2022 | 12:01 PM IST

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