EIH ASSOCIATED HOTELS LTD. - Board Meeting Outcome for Outcome Of Board Meeting For Issue Of Bonus Shares

The Board of Directors at their meeting held today, has inter alia recommended the capitalization of reserves by issuing Bonus Shares in the ratio of 1 (One) fully paid-up bonus equity share of Rs.10/- (Rupees Ten only) each for every 1 (One) existing fully paid-up equity share of Rs.10/- (Rupees Ten only) each held by Shareholders of the Company as on the record date, subject to the approval of Shareholders at the forthcoming Annual General Meeting ('AGM') of the Company.