Easy Trip Planners announces stock split and bonus issue

Easy Trip Planners Ltd’s board has approved bonus issue of three shares for every one share held i.e., 3:1 ratio and also has given nod for the stock split in the ratio of 1:2.

“This is to inform that the board at its meeting held today i.e., 10th October, 2022, has inter-alia, considered and approved the following items subject to shareholder’s approval: Sub-division/Split of each existing equity share of face value of ₹2/- into 2 equity shares of face value of ₹1/- fully paid- up and the issue of three bonus equity shares for every one fully paid-up equity share,” the company announced in an exchange filing today.

Further, the board has also increase in Authorised Share Capital from ₹75,00,00,000 to ₹200,00,00,000 and an alteration in Capital Clause of Memorandum of Association.

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