Up 65% YTD! This microcap company announces 4:1 bonus issue

Anmol India has decided to issue bonus shares to investors in the ratio of 4:1; for every one share held, they will receive four additional shares. The bonus shares will be issued out of the company’s securities premium account and free reserves as on March 2023. The estimated date for the shares to be dispatched is July 31. The company’s Board has also approved an increase in authorized share capital, and the reappointment of its Managing Director. Anmol India is a coal trading company that has seen a 65% increase in its stock on a year-to-date basis.