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🚨 Kitex Garments Ltd. Announces Bonus Issue! πŸŽ‰

πŸ“Œ Key Details:

Type of Issuance: Bonus Shares πŸ“ˆ
Bonus Ratio: 2:1 (Get 2 new shares for every 1 existing share) πŸ’°
Total Bonus Shares Issued: 13.3 Crore Equity Shares 🏦
Pre-Issue Share Capital: β‚Ή6.65 Cr (6.65 Cr shares)
Post-Issue Share Capital: β‚Ή19.95 Cr (19.95 Cr shares) πŸ’Ή
Source of Bonus: Free reserves as of March 31, 2024 πŸ“Š
Credit Date: Within 2 months of board approval, on or before January 20, 2025. πŸ—“οΈ
This is a great opportunity for investors! Stay tuned for more updates. πŸ”

#KitexGarments #BonusIssue
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πŸš€ Kitex Garments: Big Growth Plans Ahead!

Kitex is on a mission to scale new heights:

πŸ’° FY 2024-25 Target: β‚Ή1,000 Cr turnover
🏭 Long-Term Goal: β‚Ή5,000 Cr revenue by 2025-26, driven by new apparel parks in Warangal (Dec 2024) & Hyderabad (Dec 2025).
With world-class infrastructure, cost efficiency, and rising global demand, Kitex is gearing up to dominate the infant apparel market! 🌟

#KitexGarments #RevenueGoals #BusinessExpansion #StockMarket
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Kitex Garments

Board approves raising up to β‚Ή3,000 crores via Qualified Institutional Placement (QIP) by issuing equity shares. πŸ’₯

#KitexGarments #QIP #Fundraising
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