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Board of Ador Fontech allots 1.75 crore equity shares under bonus issue

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Capital Market
Last Updated : Sep 23 2019 | 5:04 PM IST
The Board of Ador Fontech on 23 September 2019 has allotted 1.75 crore equity shares of Rs.2 each as fully-paid up bonus equity shares, in the ratio of 'One bonus equity share for every One equity share held by the Member(s)', whose name(s) appear in the Register of Members/List of beneficial owners as on 21 September 2019, being the record date fixed for this purpose.

Consequently, the paid-up equity share capital of the Company stands increased to Rs.7,00,00,000 consisting of 3,50,00,000 number of equity shares of Rs.2 each.

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First Published: Sep 23 2019 | 4:29 PM IST

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