Further to our letter dated July 05, 2018 intimating the Postal Ballot Results inter alia for issue of Bonus Equity Shares, we hereby inform you that the Company has allotted 93574406 Equity Shares of Rs.5/- each fully paid, on July 16, 2018, as fully paid Bonus Equity Shares, in the ratio of One (1) Equity Share of Rs.5/- each for every two Equity Shares of Rs.5/- held, to eligible members whose names appear in the Register of members / list of beneficiary owners as on July 13, 2018, being the Record Date fixed for the purpose.
Consequently, the paid-up Equity Share Capital of the Company stands increased from Rs.93,57,44,055/- consisting of 187148811 Equity Shares of Rs.5/- each to Rs.140,36,16,085/- consisting of 280723217 Equity Shares of Rs.5/- each.
Please take the same on your records.
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