Nazara Gets Shareholders’ Nod for Stock Split, Bonus Issue

The company’s board proposed the sub-division of one equity share of face value of INR 4 into two equity shares worth INR 2 each earlier and issuance of bonus equity shares in the ratio of 1:1 in August

Its board of directors has fixed September 26 as the record date for the purpose of determining eligible shareholders following which the bonus equity shares will be allotted on September 29

This would be Nazara’s second bonus share issue after June 2022

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