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Board of Vinaditya Trading Company approves allotment of bonus shares

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Capital Market
Last Updated : Oct 19 2015 | 10:01 PM IST

At meeting held on 19 October 2015

Vinaditya Trading Company announced that the Board of Directors of the Company at its meeting held on 19 October 2015, have discussed and considered the under mentioned matters:

1. The Board has approved the Allotment of Bonus issue to the existing shareholders of the Company at a ratio 47:1 (Forty Seven Equity Shares for every One Equity Share held by existing members of the Company).

2. The Board has authorised Satyaprakash S. Pathak (Whole Time Director & CFO) for allotment of Bonus Shares to the shareholders of the Company as on 16 October 2015 ( Record Date ) and to complete various other formalities related with this Bonus issue.

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First Published: Oct 19 2015 | 8:24 PM IST

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