Multibagger Penny Stock Below Rs 9 Recommends 1:4 Bonus Issue

Board of multibagger penny stock, Vivanta Industries Ltd on Tuesday recommended bonus issue in the proportion of 1:4 which implies shareholders will receive 1 bonus share for every four shares held as on the record date. Last trading price of Vivanta Industries share is Rs 6.75 per share. Vivanta Industries stock hit lower circuit intraday today. Vivanta Industries shares offered 190% return in last 6-months. Check details below:

Vivanta Industries Recommends Bonus Share: As per the BSE filing of Vivanta Industries dated July 18, 2023, "The Board of Directors of the Company considered, approved and recommended bonus issue of 1 (One) equity share for every 4 (Four) equity shares held by the Shareholders of the Company as on the record date (to be determined by the Board of Directors). The bonus issue of equity shares will be subject to approval of the Members through General Meeting and any other applicable statutory and regulatory approvals, as may be required."

Vivanta Industries Stock Performance & Return: Last trading price of Vivanta Industries stock on BSE is Rs 6.75 apiece. Its 52-week low price is Rs 8.66 per share and 52-week low price is Rs 1.41 per share, respectively. Its market capitalisation is Rs 67.50 crore. Vivanta Industries shares offered 262% return in last 1-year, 382% return in last 2-years, and 2712% return in last 3-years.

Vivanta Industries About: Vivanta Industries Limited (VIL) offers engineering services. It provides land survey and procurement, project designing, fiscal studies, funding, and marketing services, among others.

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