Description
BSE circular announcing sub-division and bonus issue of equity shares for GHV Infra Projects Ltd (Scrip Code: 505504).
Summary
BSE has issued a circular regarding the sub-division and bonus issue of equity shares of GHV Infra Projects Ltd (Scrip Code: 505504). This corporate action will affect the share structure and trading of the company’s securities.
Key Points
- Company: GHV Infra Projects Ltd
- Scrip Code: 505504
- Corporate Actions: Sub-division and Bonus Issue of Equity Shares
- Exchange: BSE
Regulatory Changes
The circular outlines the procedures and timeline for the implementation of share sub-division and bonus issue as approved by the company.
Compliance Requirements
- Shareholders must comply with the record date and other timelines
- Trading members need to ensure proper handling of corporate action adjustments
- Compliance with BSE’s corporate action procedures
Important Dates
[Specific dates would be available in the full circular content]
Impact Assessment
This corporate action will:
- Increase the number of shares outstanding through bonus issue
- Reduce the face value per share through sub-division
- Potentially improve liquidity and make shares more affordable
- Require adjustment of trading positions and portfolios
Impact Justification
Corporate actions like sub-division and bonus issues significantly impact share structure and trading