Poly Medicure extends gain on fixing record date for bonus issue

The stock surged 10% to Rs 633, extending its past two days 9% gain on BSE

Poly Medicure surged 10% to Rs 633, extending its past two days 9% gain on BSE, after the company fixed March 28, 2017 as record date for the 1:1 bonus issue. The stock will turn ex-bonus on March 24, 2017.

“The company has fixed Tuesday the 28th day of March, 2017 as record date for the purpose of ascertaining the eligibility of shareholders who would be entitled to receive 1 (one) new bonus equity share of nominal value of Rs 5 each in lieu of 1 (one) existing equity share of nominal value of Rs 5 each,” Poly Medicure