Span Diagnostics declares 1:1 Bonus Shares
Span Diagnostics Ltd. is a pioneer and trend setter of high quality products for pathology & clinical laboratories in the Indian diagnostics industry. The company informed the market(BSE) that the Board of Directors of the Company have decided to issue bonus shares in the ratio of 1:1 on the record date which would be announced shortly. All the share holders who will be on roll of the company on record date will be eligible to receive 1 (One) equity shares of Rs 10 each against every 1 (One) equity share of Rs 10 each held by them. The Bonus shares when issued shall be in all respect rank pari passu with the existing fully paid Equity Shares of the company.
Authorized share capital will increase to Rs 15 crores from the existing share capitol of Rs 5 crores. The record date for the bonus issue will be soon announced here.
Share’s Data :-
BSE Code : 524727
Market Cap : Rs 52.85 Crores
Span Diagnostics Ltd share’s CMP is Rs 146.80 on 21st July 2010.
Source :- BelltheBull
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