Ajanta Pharma extends fall, slips 2%; stock turned ex-bonus on Wednesday

The company had fixed June 23, 2022 as the record date for the bonus issue in the proportion of one equity share for every two equity shares held

Shares of Ajanta Pharma shed 2 per cent to hit a low of Rs 1,190 on the BSE in Thursday's intra-day trade, declining 3 per cent in the past two trading days, after the stock turned ex-date for 1:2 bonus share on Wednesday, June 22, 2022. The company had fixed June 23, 2022 as the record date for the bonus issue. In comparison, the S&P BSE Sensex was up 0.59 per cent at 52,130 points at 12:06 PM.

Ajanta Pharma made an announcement about bonus shares on May 10, 2022, for issue of bonus equity shares in the proportion