Real estate leasing and managed office solutions company EFC (I) (BOM:512008) has received board approval to issue bonus shares, according to a Friday filing to the stock exchanges.
The company plans to issue one new fully paid-up equity share of 2 rupees each for each existing fully paid-up equity share of 2 rupees each, to eligible equity shareholders of the company.
Shares of the company were up over 1% in recent trade.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments