Outsourcing company Visa BLS International and pharmaceutical company Vikram Thermo India had recently announced the record date of their respective free share issue. Shares of BLS International are up around 92% in 2022 (YTD or YTD) while those of Vikram Thermo have jumped over 64% in the said period.
The board of directors of BLS International Services Limited, at its meeting of April 27, 2022, set Tuesday May 17, 2022 as the “record date”, for the purposes of verifying the eligibility of shareholders entitled to the issue. free shares of the company in the proportion of 1 (one) participation share of Re. 1/each for each 1 (one) existing capital share of Re. 1 each.
The issue of free shares is subject to shareholder approval at the ensuing EGM to be held on Monday 09 May 2022. Free shares are additional fully paid shares issued by a company to its shareholders. existing. BLS International is an online visa application center in India, providing visa advisory services.
In the meantime, Vikram Thermo India has set Friday, May 13, 2022 as the “record date”, for the purpose of verifying the eligibility of shareholders entitled to the free share issue. the company. The free shares are in the proportion of 4 (four) Participating Shares of ₹10/each for each 1 (one) existing capital share of ₹10/- each, subject to shareholder approval.