In another development, the company has fixed Friday, January 3, 2025, as the ‘record date’ for determining the eligibility of shareholders entitled to the issuance of bonus equity shares in the proportion of one equity share of Rs 5 each for every two existing equity shares of Rs 5 each, subject to shareholder approval, which will be obtained through postal ballot.
Carraro India turning the corner, offers an entry point
The company has in-house design and manufacturing capabilities. However, it historically has a lower operating margin before depreciation and amortisation (Ebitda margin) compared with peers.
December 23, 2024