Rural Electrification Corporation Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 11, 2016, inter alia, have recommended the issue of Bonus Shares in the proportion of one bonus share of Rs. 10/- each for every existing one fully paid-up share of Rs. 10/- each for the approval of the Members in the ensuing Annual General Meeting by capitalisating the Securities Premium Account.
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