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Board of The New India Assurance Company approves bonus issue

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Capital Market
Last Updated : May 14 2018 | 10:31 AM IST

In the ration of 1:1

The New India Assurance Company announced that the Board of Directors of the Company at its meeting held on 11 May 2018, has approved the issue of bonus shares in proportion of 1:1 (ie. 1 new bonus equity share of Rs. 5 each for every 1 equity shares of Rs. 5 each held), subject to approval of the shareholders.

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First Published: May 14 2018 | 10:19 AM IST

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