BHARAT PETROLEUM CORPORATION LTD. - Outcome of Board Meeting
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| 26 May 2016 | |
| Bharat Petroleum Corporation Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 26, 2016, has recommended for the approval of Shareholders, through Postal Ballot and e-Voting, the issue of Bonus Shares in the ratio of 1:1 i.e. 1 (One) new bonus equity share of Rs. 10/- each for every existing 1 (One) fully paid up equity share of Rs. 10/- each. Accordingly, approval of the Shareholders will be sought in accordance with the provisions of Section 110 and other applicable provisions, if any, of the Companies Act, 2013, read with the Companies (Management and Administration) Rules, 2014<BR><BR>Relevant cut-off date is fixed as May 26, 2016 for determining voting rights / eligibility of shareholders to whom postal ballot will be sent.<BR><BR>The said Bonus Shares, if approved by the Shareholders, will be credited or share certificates in respect thereof will be despatched, where shares are held in the dematerialised form and in the physical form, respectively, by July 25, 2016. | |
| View all announcements for BHARAT PETROLEUM CORPORATION LTD. | Source: BSE India |
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