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| Exchange Disseminated Time 09/05/2018 15:44:22 | Hikal Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 09, 2018, inter alia, has transacted the following:
- The Board of Directors of the Company subject to approval of members of the Company in the ensuing Extra Ordinary General Meeting, recommended issue of Bonus Shares to the members of the Company by capitalisation of its reserves in the ratio of 1:2 i.e. one bonus equity share of Rs. 2/- each fully paid-up for every two existing equity share of Rs. 2/- each fully paid-up held by the members as on a 'record date' to be fixed hereafter for the purpose. |
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