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Board of Sanwaria Agro Oils approves bonus issue

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Capital Market
Last Updated : May 22 2017 | 7:47 PM IST

On 22 May 2017

Sanwaria Agro Oils announced that the Board of Directors of the Company at its meeting held on 22 May 2017 has recommended bonus issue in the ratio of 1:1. The Board has approved increase in authorised capital of the company from Rs 40 crore to Rs 78 crore divided into 76 crore equity shares of Re 1 each and 20 lakh preference shares of Rs 10 each.

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First Published: May 22 2017 | 7:31 PM IST

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