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Visagar Polytex fixes record date for bonus issue

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Capital Market

Record date is 30 May 2015

Visagar Polytex announced that the Board of Directors of the Company at its meeting held on 02 June 2015, has decided to allot 167,864,000 Equity Shares of Re. 1/- each as Bonus Shares to the shareholders whose names appear in the Register of Members as on 30 May 2015 (Record Date) in the ratio of 10:1, i.e. 10 (ten) Equity Shares of a face value of Re. 1/- each for every existing 1 (one) Equity Share of Re. 1/- each fully paid by way of capitalization of Free Reserves & Securities Premium Account.

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First Published: Jun 02 2015 | 1:22 PM IST

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