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INSECTICIDES (INDIA) LTD. - Board recommends Bonus Issue
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30 Oct 2014
Insecticides (India) Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 30, 2014, inter alia, have taken the following decisions:&lt;br/&gt;&lt;br/&gt;1. To increase the Authorised Share Capital of the Company from Rs. 150000000.00 (Rupees Fifteen Crore only) to Rs. 250000000.00 (Rupees Twenty Five Crore only); and&lt;br/&gt;&lt;br/&gt;2. To recommend the issue of bonus shares to its Members in the proportion of 1 (One) Bonus Equity Share of Rs. 10/- (Rupees Ten only) each, for every 2 (Two) fully paid-up Equity Shares of Rs. 10/- (Rupees Ten only) each held by Member as on date of book closure, which declared after approval of shareholders.
View all announcements for INSECTICIDES (INDIA) LTD. Source: BSE India