Britannia Industries allots 24.03 crore NCDs as bonus debentures

Image
Capital Market
Last Updated : Aug 28 2019 | 8:04 PM IST
Britannia Industries has allotted 24,03,18,294 8% secured, non-convertible, redeemable, fully paid-up Debentures of the face value of Rs 30 each to the Members of the Company, as on the Record Date, being 23 August 2019, as per the ratio stipulated in the Scheme i.e., 1 (One) fully paid-up Bonus Debenture of the face value of Rs 30 each for every one (1) fully paid-up equity share of face value of Rs. 1.

Consequent to the said allotment of Bonus Debentures, the paid-up share capital of the Company will remained unchanged i.e. Rs. 24,03,18,294 consisting of 24,03,18,294 equity shares of face value Re.1/- each.

The Bonus Debentures will be listed on BSE and National Stock Exchange of India after obtaining the listing approval of the stock exchanges.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 28 2019 | 7:32 PM IST

Next Story