Muktinath Krishi Company Declares 8% Bonus Shares and 0.42% Cash Dividend; Plans 60% Right Shares Issue
Summary
Muktinath Krishi Company Limited plans to distribute an 8% bonus share and a 0.42% cash dividend, and propose a 60% rights share issue for shareholders.
Key Points
- Muktinath Krishi Company Limited proposes an 8% bonus share distribution to shareholders.
- A 0.42% cash dividend amounting to Rs. 29,47,000 will be paid out alongside the bonus shares.
- The total dividend distribution is valued at Rs. 5.89 Crores from a paid-up capital of Rs. 70 Crores.
- The company plans to issue right shares in a 1:0.60 ratio after bonus share issuance, increasing the paid-up capital to Rs. 75.59 Crores.
