Corporate Announcement
Security Code : 511463    Company : ALEXANDER    
 
Board recommends Bonus Issue (AGM on Sept 14, 2018)Download PDF
  Exchange Disseminated Time     21/08/2018 13:52:20
Alexander Stamps And Coin Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 21, 2018 has recommended for the approve of the shareholders issue of fully paid bonus shares in the ratio of 1:5 (One new bonus equity share of Rs. 10/- each for every existing Five Equity Shares of Rs. 10/- each.)

The bonus share after the approval of the shareholder, would result in capitalization of a sum of Rs. 1,44,00,000.00 accordingly, the paid up equity share capital of the company would stand revised to Rs. 8,64,00,000 from the Present level of Rs. 7,20,00,000

The above shares shall rank Pari passu in all respects with the existing equity shares.
 

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