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Britannia Industries allots 24.03 crore NCDs as bonus debentures

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Capital Market
Last Updated : Aug 28 2019 | 8:04 PM IST
Britannia Industries has allotted 24,03,18,294 8% secured, non-convertible, redeemable, fully paid-up Debentures of the face value of Rs 30 each to the Members of the Company, as on the Record Date, being 23 August 2019, as per the ratio stipulated in the Scheme i.e., 1 (One) fully paid-up Bonus Debenture of the face value of Rs 30 each for every one (1) fully paid-up equity share of face value of Rs. 1.

Consequent to the said allotment of Bonus Debentures, the paid-up share capital of the Company will remained unchanged i.e. Rs. 24,03,18,294 consisting of 24,03,18,294 equity shares of face value Re.1/- each.

The Bonus Debentures will be listed on BSE and National Stock Exchange of India after obtaining the listing approval of the stock exchanges.

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First Published: Aug 28 2019 | 7:32 PM IST

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