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| Exchange Disseminated Time 08/11/2017 19:38:58 | Balkrishna Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 11, 2017, inter alia, took the following decisions:
1. The Board has declared 2nd interim dividend of Rs. 2.50 per Equity Share (125%) on the Equity Shares of Rs. 2/- each (face value) for the financial year 2017-2018.
2. The Board has recommended for issue of Bonus Shares to the members of the Company by capitalization of free reserves in the ratio of 1 (one) bonus equity share of Rs. 2/- each fully paid up for every l(one) existing equity share of Rs. 2/- each fully paid up (i.e. in the ratio 1:1) subject to the approval of members of the Company through Postal ballot and e-voting.
The meeting commenced at 5:00 p.m. and concluded at 6:55 p.m. |
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