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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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