This is to inform you that pursuant to members approval by way of postal ballot including e-voting dated January 28 2020 the Business Restructuring Committee of the Board of Directors of the Company (Committee) at its meeting held on February 15 2020 has inter alia approved the allotment of 1 96 20 658 bonus equity shares of Rs. 5/- each as fully paid-up bonus equity shares in the proportion of 2:1 i.e. 2 (Two) new fully paid-up equity shares of Rs. 5/- (Rupees Five only) each for every 1 (One) existing fully paid-up equity share of Rs. 5/- (Rupees Five only) each to members whose names appeared in the Register of Members / List of Beneficial Owners as on the Record Date i.e. February 14 2020 fixed for this purpose.
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