Corporate Announcement
Security Code : 513097    Company : SBCL    
 
Board recommends Bonus IssueDownload PDF Download XBRL
  Exchange Received Time  23/08/2017 17:57:28         Exchange Disseminated Time   23/08/2017 17:57:31              Time Taken   00:00:03
Pursuant to Regulation 30 of the SEBI (LODR)Regulations, 2015, we would like to inform you that the Board of Directors of the Company in its meeting held today i.e August 23, 2017 has inter alia considered and approved the following Issue of Bonus shares in the ratio of 1:1, i.e., one Bonus equity shares of Rs. 2/- each for every one fully paid up equity shares held, as on the record date. The record dates ascertain members eligible to receive will be fixed in due course. Details as required under Regulation 30 of SEBI (Listing Obligations & Discloser Requirements) Regulations, 2015 ('Listing Regulations') are enclosed as Annexure -1. The issue of Bonus shares is subject to approval of the shareholders in the forthcoming Annual General Meeting.
 

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