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The company issued one bonus share for each equity shares held, to the eligible shareholders whose name appeared in the list of beneficial owners as on 8 July 2023, being the record date fixed for this purpose.
The company said that the bonus equity shares as allotted above shall rank pari passu and carry the same rights with the existing equity shares of the company in all respects, except that these bonus equity shares shall not be eligible for the final equity dividend for the financial year ended March 31, 2023.
Roto Pumps is engaged in manufacturing of screw pumps and parts of pumps. The Company's products include progressive cavity pumps (PCP), twin screw pumps (TSP) and retrofit parts.
On consolidated basis, the company's net profit surged 58.9% to Rs 10.98 crore on 46.2% jump in net sales to Rs 71.96 crore in Q4 FY23 over Q4 FY22.
The scrip rose 0.01% to Rs 374 on the BSE.
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