Kothari Products announced a 1:1 bonus share issue, causing a 7.4% stock rise to Rs 209.70. The issuance will be financed from free reserves, increasing authorized capital to Rs 61.50 crore. Shares surged 58.55% YoY.
Mahi Madhusudan Kela, Authum Investment offer to buy Prataap Snacks 26% stake at Rs 865.66 per share
Prataap Snacks has received an open offer from Authum Investment & Infrastructure and Mahi Madhusudan Kela to acquire 26.01% equity at ₹865.66 per share, totaling