Utssav CZ Gold Jewels approves 1:1 bonus issue, to double equity capital

Utssav CZ Gold Jewels Ltd has proposed a 1:1 bonus share issue that will double its capital. The board has approved the issuance of 2.5 crore bonus shares, pending shareholder approval. This move will increase the number of equity shares from 2.5 crore to 5 crore. The company plans to announce a record date for eligible shareholders soon.