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Board of Akme Star Housing Finance approves bonus issue of 1:1

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Capital Market

At meeting held on 20 January 2017

Akme Star Housing Finance announced that the Board of Directors of the Company at its meeting held on 20 January 2017 subject to the approval of the shareholders in EGM, has considered the following:

- Issuance of Bonus Equity Shares

The Board has approved and recommended to the shareholders to approve issuance of Bonus Shares by capitalizing the "Securities Premium Account", to the extent that the holder of 1 Equity Share of the Company shall be entitled to 1 Bonus Equity Share (i.e. in the ratio of 1:1).

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First Published: Jan 20 2017 | 5:35 PM IST

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