Focus Business Solution (BOM:543312) has allotted nearly 2.7 million bonus equity shares, in the ratio of 29 bonus shares for every 50 existing shares, to eligible members, as per a BSE filing on Tuesday.
Following the bonus issue allotment, the company's paid-up equity share capital has increased from 4,607,295 shares of a face value of 10 rupees each to 7,279,519 shares of 10 rupees each.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.