Shares of EIH Associated Hotels, the flagship company of the Oberoi Group soared up to 9.4 per cent at Rs 925 per share
SI Reporter New Delhi
Shares of EIH Associated Hotels, the flagship company of the Oberoi Group soared up to 9.4 per cent at Rs 925 per share on the BSE in Friday’s intraday trade.
The stock price experienced a surge following the company board’s decision to approve a bonus share issuance plan. Under this plan, shareholders will receive one fully paid-up bonus equity share of Rs. 10 each for every one existing fully paid-up equity share of Rs. 10 each held as of the record date, the company said in an exhange filing.
Click here to connect with us on WhatsApp
The company has set Monday, July 29, 2024, as the…