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Multibagger GKP Printing to issue bonus shares, acquire group entity
Following the development, shares of GKP Printing and Packaging rallied to Rs 256.25 on Wednesday, before trading at Rs 256.55 at 1:16 p.m.For the purpose of the bonus issue, the company board of directors have approved increasing the authorized share capital of the company to 2.2 crore equity shares of Rs 10 each from the existing 1.5 crore equity shares of the same face value.