Board of Plastiblends India approves bonus issue

At meeting held on 11 May 2017

Plastiblends India announced that the Board of Directors of the Company at its meeting held on 11 May 2017, inter alia, has

1. Recommended dividend of Rs. 2.50 per share.

2. Issue of Bonus shares in the proportion of 1:1 i.e. One equity share of Rs. 5/- each for every One fully paid up equity share held as on the record date, subject to approval of members of the Company. The record date for reckoning eligible shareholders entitled to receive bonus shares will be fixed in due course.

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