Board of Bharat Bhushan Finance & Commodity Brokers approves rights issue

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Capital Market
Last Updated : Aug 05 2015 | 10:01 AM IST

At meeting held on 30 July 2015

Bharat Bhushan Finance & Commodity Brokers announced that the Board of Director of the Company has approved the Right Issue of the Company at its Meeting held on 30 July 2015 to allot equity Shares to its existing Shareholders.

The Board of Directors of the Company have approved to offer shares on the right basis to the existing shareholders on the formula of One Right share for every 2 Equity Shares fully paid up held by the equity shareholders i.e. in the ratio of 1:2.

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First Published: Aug 05 2015 | 9:32 AM IST

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