Alphalogic Techsys Ltd - Corporate Action-Board recommends Bonus Issue

In the meeting of board of directors held on May 22, 2024, the board recommended issuance of bonus shares in the ratio of 14:48 i.e. 14 bonus shares of Rs. 05 each for every 48 shares held by the shareholders. This issue is subject to approval of the shareholders and competent authorities. The record date to determine the eligibility of the shareholder for bonus issue shall be communicated at a later date.