Wind energy manufacturer Inox Wind shares jumped as much as 8.93 per cent to hit an intraday high of Rs 645.75 apiece, on Tuesday.
This comes after the company announced that its board of directors will meet on April 25, to consider and approve the proposal for issuance of bonus equity shares to the shareholders of the company.
S&P BSE SmallCap index, on the other hand, was trading 0.98 per cent higher at 46,460.59 levels.
In an exchange filing, Inox Wind said, “We would like to inform you that a meeting of the Board of Directors of the company is scheduled to be held on Thursday, April 25, 2024, inter-alia, to consider and approve the proposal for issuance of bonus equity shares to the shareholders of the company.”
