Indian Hume Pipe Company allots equity shares

Under bonus issue

Indian Hume Pipe Company announced that the Committee of Directors appointed for issue and allotment of Bonus Shares at their meeting held on 14 December 2016 has approved allotment of 2,42,23,585 equity Shares of Rs.2/- each as Bonus Shares in the proportion of One Bonus Share of Rs.2 (Rupees Two) each for every One Equity Share of Rs.2 (Rupees Two) each held by the Members whose names appeared on 13 December 2016, the Record Date by capitalizing a sum of Rs.4,84,47,170/- (Rupees Four Crores Eighty Four Lacs Forty Seven Thousand One Hundred Seventy) from Free Reserves of the Company to the Share Capital Account.

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