Board of Aarti Drugs approves 1:1 bonus shares issue

At meeting held on 30 January 2015

Aarti Drugs announced that the Board of Directors of the Company at its meeting held on 30 January 2015, inter alia, has approved the following subject to necessary approvals of Company's shareholders which would be obtained through Postal Ballot & E-Voting:

1. Increase of Authorized Share Capital & consequent alteration of Memorandum of Association: Authorized Share Capital of the Company will be increased from Rs. 21,50,00,000 to Rs. 25,00,00,000 and consequent alteration of Clause V of Memorandum of Association of the Company;

2. Announcement of Bonus Equity Shares: Announcement of Bonus Equity Shares by capitalization of reserves & surplus including securities premium account to the existing shareholders of the Company in proportion of 1:1 i.e. 1 (one) bonus equity share of Rs. 10 each fully paid up for every 1 (one) existing equity share of Rs. 10 each fully paid up held in the Company on the 'Record Date' to be fixed in this behalf in due course.

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