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| Exchange Disseminated Time | | Balmer Lawrie & Company Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 26, 2013, has recommended for approval of the Shareholders - by passing of resolution through Postal Ballot - issuance of 1,22,14,560 new Equity Bonus Shares of Rs. 10 each, in the proportion of 3 new Bonus shares of Rs. 10 each for every 4 existing fully paid Equity shares of Rs. 10 each held in the capital of the Company. The Company would take necessary action for consolidating fractional bonus entitlements, and for distribution of proceeds of the fractional shares to the Shareholders in due course as per their entitlement. The record date for the issue would be announced after the completion of the postal ballot process and the same would be fixed in consultation with the Stock Exchanges. |
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