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Fermenta Biotech Ltd - Board recommends Bonus Issue
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24 Dec 2019
Fermenta Biotech Ltd has informed BSE that the Board of Directors of the Company (Board) at its meeting held on December 24, 2019 has, inter alia, approved the following:&lt;BR&gt;&lt;BR&gt;- Bonus:&lt;BR&gt;&lt;BR&gt;Subject to the approval of the members of the Company, the Board has recommended issue of Bonus equity shares (Bonus shares) in the proportion of 2:1 i.e. 2 (Two) new fully paid-up equity share of Rs. 5/- (Rupees Five only) each for every 1 (One) existing fully paid-up equity share of Rs. 5/- (Rupees Five only) each held by the members.
View all announcements for Fermenta Biotech Ltd Source: BSE India