Raghav Productivity Enhancers Limited — Important, 03-12-2024: General Updates

The Board of Directors has clarified the allotment of 22,952,600 fully paid-up bonus equity shares at a face value of Rs. 10 each, issued in a 1:1 ratio to shareholders as of the record date, November 29, 2024. This allotment results in an increase in the company's paid-up equity share capital from Rs. 22.95 crore to Rs. 45.90 crore, now divided into 45,905,200 equity shares. It's important for investors to note this strengthening of the equity base, which could enhance liquidity and attractiveness of the stock, potentially reflecting positively on the company’s market position.