Board of Vegetable Products approves sub-division of shares & bonus issue

At meeting held on 26 August 2015

Vegetable Products announced that the Board of Directors of the Company at its meeting held on 26 August 2015, inter alia, has transacted the following business:

1. Approved and Recommended Sub-division (Stock Split) of 1 (one) equity share of Rs. 10/- each of the Company into 10 (ten) equity shares of Re. 1/- each and consequential alteration of the Memorandum of Association and the Articles of Association of the Company, subject to approval of the members of the Company at the ensuing 61st Annual General Meeting of the Company.

2. Approved and Recommended the Issue of Bonus Shares to the existing Shareholders in the ratio 9:5 i.e. Nine new fully paid-up equity shares of Re. 1/- each for every 5 (five) fully paid equity shares of Re. 1/- each held, subject to the approval of members of the Company at the ensuing 61st Annual General Meeting.

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