BHARAT ELECTRONICS LTD. - Board approves issue of Bonus Shares to the existing Shareholders

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25 Jul 2015
Bharat Electronics Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 24, 2015, inter alia, has approved the proposal for issue of Bonus shares to the existing shareholders of the Company in the ratio of 2:1 (2 Bonus shares for every share held). Board has also approved the proposal for increase in the authorized share capital of the Company from Rs. 100 Crores to Rs. 250 Crores and consequential amendments to Memorandum of Association and Articles of Association. The aforesaid proposals are subject to the approval by Members of the Company at the ensuing Annual General Meeting through e-voting and ballot.<BR><BR>The Company further inform that the aforesaid proposals were not part of the agenda of the Board meeting held on 24th July 2015 and were decided by the Board at the meeting.
View all announcements for BHARAT ELECTRONICS LTD.	Source: BSE India

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