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Board of Motherson Sumi Systems recommends bonus issue of 1:2

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Capital Market
Last Updated : Jun 10 2015 | 2:01 PM IST

At meeting held on 10 June 2015

Motherson Sumi Systems announced that the Board of Directors of the Company at its meeting held on 10 June 2015 have recommended the issue of Bonus Shares in the ratio of 1 (one) Bonus Shares against the 2 (two) existing shares subject to the approval of the shareholders.

Further the Company has informed that, the aforesaid item was not part of the Agenda of the Board Meeting.

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First Published: Jun 10 2015 | 12:40 PM IST

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