At meeting held on 19 December 2015
Mangal Credit and Fincorp announced that the Board of Directors of the Company at its meeting held on 19 December 2015, has considered and approved the following -The Board has considered and approved allotment of 70,44,075 Bonus Equity Shares of Rs. 10/- each to the shareholders whose names in the register of Members as on 19 December 2015 (Record Date) in the ratio of 5:1 (Five Equity Shares for every one Equity Share Held) by way of capitalization of Reserves.
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