Garware Technical Fibres Limited — Others, 24-12-2024: Copy of Newspaper Publication

Garware Technical Fibres Limited has announced a board meeting on January 3, 2025, to determine the entitlement of existing shareholders for the issue of four fully paid-up bonus equity shares for every one share held. This move is aimed at enhancing shareholder value and reinforcing stakeholder confidence. The bonus shares will be allotted in dematerialized form and credited to shareholders' accounts accordingly. This initiative may stimulate positive investor sentiment as it signifies the company's commitment to rewarding shareholders, offering a potential upside in the company's stock performance.