Board of Plastiblends India approves bonus issue

Capital Market 

At meeting held on 11 May 2017

announced that the Board of Directors of the Company at its meeting held on 11 May 2017, inter alia, has

1. Recommended dividend of Rs. 2.50 per share.

2. Issue of Bonus shares in the proportion of 1:1 i.e. One equity share of Rs. 5/- each for every One fully paid up equity share held as on the record date, subject to approval of members of the Company. The record date for reckoning eligible shareholders entitled to receive bonus shares will be fixed in due course.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Board of Plastiblends India approves bonus issue

At meeting held on 11 May 2017

At meeting held on 11 May 2017

announced that the Board of Directors of the Company at its meeting held on 11 May 2017, inter alia, has

1. Recommended dividend of Rs. 2.50 per share.

2. Issue of Bonus shares in the proportion of 1:1 i.e. One equity share of Rs. 5/- each for every One fully paid up equity share held as on the record date, subject to approval of members of the Company. The record date for reckoning eligible shareholders entitled to receive bonus shares will be fixed in due course.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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