Bonus Share, Fundraise On Oct 29: FMCG Stock Under Rs 100 Jumps 1697.7% YTD

Small cap company engaged in FMCG sector Aayush Wellness Ltd shares today hit fresh 52-week high and upper circuit. Current market price of Aayush Wellness shares on BSE is Rs 96.36 per share with intraday rally of 1.99%. The company informed today via its exchange filing about upcoming meeting of Board of Directors scheduled to take place on October 29, 2024 to consider fundraise and issue of bonus equity shares. The company's market capitalisation on BSE is Rs 312.69 crore. Its ROE is 15.02 and PE is 415. Aayush Wellness shares gained 1697% year-to-date. Check details below:

Aayush Wellness To Recommend Bonus Share, Consider Fundraise: According to the BSE filing of Aayush Wellness dated October 24, 2024, "This is to inform to the exchange that the Meeting of the Board of Directors of Aayush Wellness Limited ("the Company") is scheduled to be held on October 29,2024 to consider and approve the following matters:

• Issue of Bonus Equity Shares to eligible shareholders of the Company by capitalisation of Reserves.

• Fund raising by issue of Equity Shares, Convertible Securities or any other securities through Rights Issue, Private Placement and/or Qualified Institutional Placement, for financing business Expansion, Diversification, Fund Business Acquisitions and/or other requirements of the Company.

• To increase the Authorised Share Capital of the Company to accommodate the Bonus Issue and fundraising.

• Any other agenda with permission of the Chairman."

Aayush Wellness Shares Performance: The 52-week high price of Aayush Wellness shares on BSE is Rs 96.36 per share (as on 24/10/2024) and 52-week low price is Rs 2.98 per share (as on 07/12/2023), respectively. Aayush Wellness shares gained over 10% in last 1-week, soared 257% in last 3-months, and zoomed 2874% in last 1-year. In last 2-years, Aayush Wellness shares jumped 4488%.

Aayush Wellness About: Established in 1989 and proudly listed on the Bombay Stock Exchange (BSE), Aayush Wellness Ltd. is a leader in the health and wellness industry. Aayush Wellness offers health and wellness solutions. It manufactures and exports nutraceuticals, supplements, healthy food, and enriching solutions.

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