Godrej Consumer gets shareholder nod to issue bonus share

Godrej Consumer Products today said it has got shareholder approval to issue bonus share of Re 1 each for every existing share.
The ordinary resolution to issue bonus shares in the ratio of 1:1 is approved by the shareholders, the company informed the BSE in a filing today.
According to the statement, it was proposed to issue one bonus share of Re 1 each for every existing share.
Besides, the shareholders also approved the proposal to increase the share capital of the company.