Bharat Rasayan's board has approved a sub-division of existing 41.55 lakh equity shares, as per a regulatory filing. (Photo: Unsplash) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Bharat Rasayan Ltd.'s board of directors approved a 1:1 issue of bonus share along with a share split, according to an exchange filing on Friday.

According to the filing, the board has approved sub-division of existing 41.55 lakh equity shares with the face value of Rs 10 into 83.10 lakh equity shares with a face value of Rs 5.

Additionally, the board has also recommended issue of bonus equity shares in the ratio of 1:1 that, 1 equity share(s) of Rs 5 each for every 1 equity share of Rs 5 awarded to the eligible members of the company.

The record date for the same will be announced later an

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