Corporate Announcement
Security Code : 506532    Company : NITTAGELA    
 
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  Exchange Disseminated Time     
Nitta Gelatin India Ltd has submitted to BSE a copy of SEBI Approval for ESPS allotment of 1,00,000 equity shares to rank pari passu with existing shares. This was to meet the MPS requirement. The Bonus issue, also part of the plan of action for MPS, was approved at the General Meeting dated May 29, 2013 along with ESPS shares. The Bonus Issue in the ratio of 1:3 to General Public excluding the promoter and promoter group, being generally accepted mode by SEBI for achieving MPS, the Company had no such specific approval for issue and allotment of Bonus Shares to General Public.
 

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