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Board of Engineers India recommends bonus issue

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Capital Market

At meeting held on 16 November 2016

Engineers India announced that the Board of Directors of the Company at its meeting held on 16 November 2016, inter alia, has recommended the issue of Bonus Shares in the proportion of 1 (one) new equity share of Rs. 5/- each for every 1 (one) existing equity shares of Rs. 5/- each fully paid up of the Company, subject to the approval of shareholders.

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First Published: Nov 16 2016 | 6:21 PM IST

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