7:1 Bonus Issue: Small Cap Stock Hits Multiple Upper Circuits, Record Date Near

Small cap stock operating in media & entertainment sector, V R Films & Studios Ltd hit 6 upper circuits since July 17, 2023. Board of directors of V R Films & Studios approved issue of bonus shares in the proportion of 7 bonus equity shares of Rs 10/- each for every 1 fully paid up equity share of Rs 10 each. V R Films fixed July 26, 2023 as the record date for bonus issue. In last 3-months, V R Films shares soared 116%. Check details below:

V R Films & Studios To Trade Ex-Bonus In 2 Days: As per the BSE filing of the company, "We further wish to inform that the Board of Directors of the Company have approved and fixed 26th July, 2023 , as the Record Date for the purpose of deciding the Members who shall be eligible to the allotment of the Bonus Shares as per ratio mentioned above by capitalization of such as may be required, from the Securities Premium Account, Free Reserves or any other permitted reserves/ surplus of the Company for the purpose of issue of Bonus Shares of Rs, 10/- (Rupees Ten) each, credited as fully paid-up to the holders of the Equity Shares of the Company, whose names appear on the Register of Members on the 26th July, 2023."

V R Films & Studios Stock Performance & Return: Last trading price of V R Films share is Rs 390.30 per share with intraday gain of 4.99%. Its 52-week high price is Rs 600.00 per share and 52-week low price is Rs 163.35 per share, respectively. Its market capitalisation is Rs 53.55 crore. V R Films stock rallied 36% in last 1-month, soared 6% in last 1-year, and gave return of 256% in last 2-years.

V R Films & Studios About: VR Films and Studios Limited engaged in Dubbing and Film Distribution solutions for the Movie, Television, OTT, Education and Digital industry. It has more than 20 years of experience in this sector and clocked more than 50,000 hours of dubbing. It has a dubbing team comprising of writers, artists, directors, sound recording and mixing engineers across our 75 dubbing studios in Mumbai, Chennai, Bengaluru and Kolkata, according to its official website.

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