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C K K Retail Mart declares 1:10 bonus shares for eligible shareholders
The board also approved a rise in the company’s authorised capital at its Monday meeting, with the bonus-share record date to be announced later.
Indian small-cap retailer C K K Retail Mart Limited said its board has declared a bonus share issuance of 10 shares for every one share held by eligible shareholders.
The company did not set the bonus-share record date at the time of the announcement, saying it will be disclosed later.
LiveMint Markets reports the board also approved an increase in the company’s authorised capital during its Monday meeting.
The company said the decisions were communicated to the Indian exchange following the board meeting.
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