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DEWAN HOUSING FINANCE CORPORATION LTD. - Board approves Bonus Issue
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23 Jul 2015
Dewan Housing Finance Corporation Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 23, 2015, inter alia, had discussed a Non-Agenda item apart from the other Agenda items, relating to the recommendation for the Issue of Bonus Shares, for the approval of the Members of the Company. The Board after discussion recommended the issue of Bonus Shares in the ratio of 1:1 (i.e. one bonus equity share of Rs. 10/- for every one fully paid up Equity Share of Rs. 10/- each). The Board also approved issuance of the Postal Ballot Notice for the purpose of seeking the approval of the Members of the Company for issue of Bonus Shares and appointed Mrs. Jayshree S. Joshi, Proprietress of M/s. Jayshree Dagli &amp; Associates, Practising Company Secretary, Mumbai, to act as the Scrutinizer to scrutinize the &lt;BR&gt;e-voting process and physical ballot process in a fair and transparent manner.
View all announcements for DEWAN HOUSING FINANCE CORPORATION LTD. Source: BSE India