New Delhi, Nov. 24 -- Shares of A-1 Ltd were locked in 5% upper circuit limit during Monday's trading session after the company sought its members' approval via remote e-voting and postal ballot for various proposals, including a bonus issue, stock split, an increase in authorized share capital, changes to the memorandum of association, and investment in A-1 Sureja Industries.

In a statement, the company announced that its board of directors approved all proposals during their meeting on November 14, which includes a 3:1 bonus share issue and a 10:1 stock split.

Additionally, the board recommended the division of 1 fully paid-up equity share with a face value of Rs.10 each into 10 fully paid-up equity shares with a face value of Rs.1 ea...