The Board has recommended the issue of bonus shares in the ratio of 1:1 i.e 1 (One) equity share of Rs. 5/- each for every 1 (One) existing equity share of Rs. 5/- each fully paid, subject to approval of shareholders.
The Board meeting commenced at 3.00 p.m. and concluded at 4.00 p.m.
This is in compliance of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.