Nintec Systems: Corporate Action-Board recommends Bonus Issue

The Board of Directors (Board) in their meeting held today i.e. on Thursday 21st April 2022 at 03.00 PM at the registered office of the Company has considered and discussed the following:1. The Board recommended the issue of bonus equity shares in the ratio of 1:2 [i.e. 1 (One) bonus equity shares of Rs. 10/- each for every 2 (Two) fully paid-up equity shares held as on record date] subject to the approval of the shareholders.The record date for the purpose of ascertaining the eligibility of the shareholders to receive bonus shares will be communicated later. 2. Considered and approved the notice of the Extra Ordinary General Meeting of the members of the company to be held on Monday 23rd May 2022 at 04.00 P.M. at- The Corporate House A wing 9th Floor S.G. Highway Bodakdev Ahmedabad -380054 Gujarat.