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Board of Bharat Forge recommends bonus issue of 1:1

Capital Market 

At meeting held on 10 August 2017

The Board of Forge has recommended issue of Bonus Shares to holders of equity shares of the Company in the ratio of 1:1 (i.e. One bonus equity share of Rs.2/- each fully paid up for every one fully paid-up equity shares of Rs.2/- each held) subject to approval of the shareholders of the Company through postal ballot.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, August 10 2017. 11:10 IST