Corporate Announcement
Security Code : 532719    Company : BLKASHYAP    
 
Board approves Sub-Division & Bonus Issue 
  Exchange Disseminated Time     
B. L. Kashyap and Sons Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 07, 2010, inter alia, has approved the following:

1. Approved Sub division / split of each equity share of face value of Rs. 5/- each into 5 equity shares of face value of Re. 1/- each, as per Section 94(1)(d) of the Companies Act, 1956, subject to the approval of shareholders of the Company and other regulatory authorities.

2. Approved subject to the approval of shareholders of the Company and other regulatory authorities, issue of bonus shares in the ratio of 1:1 (i.e. One new equity share for every one equity share held) to the Existing Equity Shareholders of the Company, as on the Record Date, as may be fixed.
 

Disclaimer

Back To Announcements