Corporate Announcement
Security Code : 517380    Company : IGARASHI    
 
Board approves Bonus IssueDownload PDF
  Exchange Disseminated Time     08/08/2018 14:51:17
Igarashi Motors India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 08, 2018, inter alia, has approved the issuance of Bonus shares of Rs. 10/- each, credited as fully paid-up shares, to the holders of the existing equity shares of the Company subject to approval of shareholders by way of Special Resolution, to the exception of the Promoter and Promoter Group of the Company, whose names appear in the Register of Members / List of Beneficial owners, on such date ( "Record Date") as may be decided by the Board in this behalf, in the ratio of 25 (Twenty Five equity shares) for every 202 (Two Hundred and Two equity shares) held, to attain the minimum public shareholding in Compliance with the Regulation 19A of the Securities Contract (Regulation) Rules, 1957 read with SEBI Circular dated November 30, 2015 as amended from time to time.
 

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