Mitsu Chem Plast Ltd - Corporate Action-Board recommends Bonus Issue

1.Increase in Authorised Share Capital of the Company from existing ? 4,02,50,000/- (Rupees Four Crores Two Lakhs and Fifty Thousand Only) divided into 40,25,000 (Forty Lakhs Twenty Five Thousand) Equity Shares of ? 10/- (Rupees Ten Only) each to ? 12,08,00,000 /- (Rupees Twelve Crores and Eight Lakhs Only) divided into 1,20,80,000 (One Crore Twenty Lakhs and Eighty Thousand) Equity Shares of ? 10/- (Rupees Ten Only) each.<BR> 2.Issue of bonus shares in the ratio of 2 (Two) equity shares for every 1 (One) existing equity share held by the shareholders of the Company as on the record date to be fixed for the purpose.<BR> The details pertaining to Issue of Bonus Shares as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are provided in Annexure attached herewith.<BR> 3.Migration of the Company from SME segment of BSE Limited to Main Board of BSE Limited.<BR> 4.Draft Notice of Postal Ballot.