Infibeam Avenues approves 1:1 bonus share issue
Infibeam Avenues said that the record date, for determining eligible shareholders entitled to receive bonus shares, will be announced in due course
Infibeam Avenues Ltd (IAL) on Monday posted an 89% jump in its net profit to ₹24 crore for the December 2021 quarter, and announced a bonus share issue for the shareholders. Shares of Infibeam closed 5% lower at ₹44 apiece on the BSE in Monday's deals.
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