The Board of Directors (Board) in their meeting held today i.e. Monday 19th June 2023 at 03.30 P.M. at the registered office of the Company has recommended the issue of bonus equity shares in the ratio of 4:5 [i.e. 4 (Four) bonus equity shares of Rs. 10/- each for every 5 (Five) fully paid-up equity shares held as on record date] subject to the approval of the shareholders by Postal Ballot. The record date for the purpose of ascertaining the eligibility of the shareholders to receive bonus shares will be communicated later.
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