Under bonus issue
Allcargo Logistics announced that the Board of Directors of the Company at its meeting held on 01 January 2016 has considered and approved allotment of 126,047,762 equity shares of Rs. 2/- each fully paid up as Bonus Shares in the ratio of 1:1 to the Members of the Company whose names appeared in the Register of Members/List of Beneficial Owners as on the Record Date i.e. 31 December 2015.Consequent to the aforesaid allotment of Bonus Shares, the issued, subscribed and paid up share capital of the Company stands increased from Rs.252,095,524/- divided into 126,047,762 equity shares of Rs. 2/- each fully paid up to Rs.504,191,048/- divided into 252,095,524 equity shares of Rs. 2/- each fully paid up. The Bonus shares so allotted shall rank pari passu in all respect with the existing equity shares of the Company including dividend entitlement.
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