With reference to the announcement made on outcome of Board Meeting held on September 01, 2016 regarding issue of Bonus DVR Equity Shares, Stampede Capital Ltd has now clarify the following since lot of shareholders asking for clarification:
The feature of the Bonus DVR equity share as follows:
1. Bonus Differential Voting Right Equity Shares (?DVR Equity Shares?) will be issued in the ratio of 1:4, i.e. 1 (One) Bonus DVR Equity share of Rs. 1 each for every 4 (Four) existing fully paid-up ordinary equity shares of face value of Rs. 1/- each of the Company by way of capitalization of Reserves/share premium account subject to the approval of the shareholders.
2. Every 1000 DVR Equity Shares shall carry voting right on poll, i.e. equivalent to 1 Ordinary Equity Share of Rs. 1 each.
3. The DVR Equity Shares shall be entitled to receive full dividend and in fact will get 100% dividend than the dividend payable to the Ordinary Equity Shares as and when dividend declare by the Company in future.
4. The DVR Equity Shares are listed and trading on BSE and NSE.
5. The DVR Equity Shareholders shall be entitled to receive Annual Report and other information/correspondence from time to time.
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