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