Balkrishna Industries allots 9.66 crore equity shares

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Capital Market
Last Updated : Dec 27 2017 | 12:33 PM IST

Under bonus issue

Balkrishna Industries has on 27 December 2017 allotted 9,66,58,595 Equity Shares of Rs. 2/- each as fully paid up bonus equity shares, in the ratio of 1(one) fully paid up bonus equity share of Rs. 2/- each for every 1(one) existing equity share of Rs. 2/- each held, to the members eligible to receive bonus equity shares of the Company, whose name appear in the Register of Members and Register of Beneficial Owners as per the particulars obtained from National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL) as on 23 December, 2017, 'the record date' fixed for this purpose. The shares so allotted shall rank pari-passu with existing equity shares of the Company.

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First Published: Dec 27 2017 | 11:45 AM IST

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