At meeting held on 18 June 2018
The Board of DIL at its meeting held on 18 June 2018 has approved the following -1. Subject to the approval of the members of the Company, the Board has recommended the split/sub-division of shares of the Company from face value of Rs. 10 (Rupees Ten) each to face value of Rs. 5 (Rupees Five) each. The Record Date for the split/sub-division of shares will be intimated in due course.
2. Subject to the approval of the members of the Company, the Board has recommended issue of Bonus equity shares ('Bonus shares') in the proportion of 1:1 i.e. 1 (One) new fully paid-up equity share of Rs. 5/- (Rupees Five only) each for every 1 (One) existing fully paid-up equity share of Rs. 5/- (Rupees Five only) each held by the members as on the Record Date. The Record Date for determining the members who would be eligible to receive Bonus shares will be intimated in due course.
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