Lorenzini Apparels

Apr 16, 2024

Listing of issue of 55299841 Equity Shares of Re 1 each allotted under a bonus issue made by the company. Lorenzini Apparels is engaged into the business of manufacturing, designing and marketing of readymade garments. 6:11 bonus stock: Shares of Lorenzini Apparels Limited, which is engaged in the business of manufacturing and designing readymade garments, has informed exchanges that over 5 crore bonus shares are now listed on the BSE and National Stock Exchange of India Limited (NSE). "Listing of issue of 55299841 Equity Shares of Re 1 each allotted under a bonus issue made by the company," the company said in a filing. The board of directors of the small-cap company has fixed March 28, 2024 as the record date for ascertaining the eligible shareholders for issuance of 6:11 bonus shares and a 1:10 stock split. Earlier, it was March 27 2024 but later on, they revised the record date for bonus shares and stock split to 28th March 2024. Equity benchmark indices Sensex and Nifty continued to slump on Tuesday dragged down by heavy selling in IT stocks amid weak global trends and fears of escalating tensions in the Middle East. Outflow of foreign fund also dented investors' sentiment. Continuing its downtrend for the third day running, the 30-share BSE Sensex tanked 456.10 points or 0.62 per cent to settle at 72,943.68. During the day, it slumped 714.75 points or 0.97 per cent to 72,685.03. The NSE Nifty declined 124.60 points or 0.56 per cent to finish at 22,147.90. From the Sensex basket, Infosys, IndusInd Bank, Bajaj Finserv, Wipro, HCL Technologies, Bajaj Finance, Tech Mahindra, Tata Consultancy Services, and Larsen & Toubro were the major laggards. Titan Company, Hindustan Unilever, HDFC Bank, Maruti, ITC, Power Grid and Reliance Industries were the gainers. TAGS: