Penny Stock: This company is giving 4 bonus shares instead of 1 share, see what is the profit

Penny Stock Share Price: Small-cap company Anshuni Commercials is preparing to give profits to its investors. Ansuni Commercials is going to distribute bonus shares soon. The Board of Directors of the Company has declared Bonus Shares in the ratio of 4:1. This means that the shareholders will get 4 bonus shares against 1 equity share on the record date.

what the company said
The company said in its regulatory filing that this is in relation to the recommendation of the board of directors of our company to issue bonus shares in the ratio of 4 to the shareholders. Approved 4 bonus equity shares on an existing equity share. This has been approved by the shareholders of the company in the Annual General Meeting held on 23rd September, 2022. The record date for this has been fixed on Friday, October 7, 2022.

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Its market value is Rs 0.10 crore. Since its inception in the year 1984, Anshuni Commercials Limited has been active in the gems and jewelery industry for more than 30 years. It serves all major international consumer markets with light polished diamonds. The firm deals mostly with round diamonds ranging in color from D to K and in purity ratings from VVS to I2 ranging in size from 0.02 cents to 3.99 carats.

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