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Board of Jash Dealmark approves bonus issue of shares

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Capital Market

At meeting held on 06 February 2018

The Board of Jash Dealmark at its meeting held on 06 February 2018 approved -

1. Increase in Authorized Share Capital from 55,00,000 equity shares of Rs. 10/- each aggregating to Rs. 5,50,00,000/- to 1,00,00,000 equity shares of Rs. 10/- each aggregating to Rs. 10,00,00,000/-.

2. Subject to approval of members the Board has recommended issue of Bonus Shares to the members of the Company by capitalization of reserves in the ratio 1:1 i.e. 1 bonus equity shares of Rs. 10/- for every 1 existing equity shares of Rs. 10/- held by the members on the record date to be fixed hereafter for the purpose.

 

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First Published: Feb 06 2018 | 6:33 PM IST

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