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Indian Wood Products Company allots 3.79 crore bonus shares

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The Board of Indian Wood Products Company at its meeting held on 20 February 2019 has allotted 3,79,86,360 equity shares of Rs. 2/- each, as Bonus Shares, in the ratio of 1 [One) equity share for every 1 (one) equity share held.

Pursuant to the aforesaid allotment the Issued, Subscribed and Paid-up Share Capital of the Company increased from Rs. 6,39,72,720/- divided into 3,19,86,360 equity shares of Rs.2/- each to Rs.72,79,45,440/-divided into 6,397,2720 equity shares of face value of Rs.2/-each.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, February 20 2019. 18:16 IST