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Board of Fairdeal Filaments recommends bonus issue of 1:10

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Capital Market

At meeting held on 13 August 2015

Fairdeal Filaments announced that the Board of Directors of the Company at its meeting held on 13 August 2015, inter alia, considered and approved the following amongst other businesses:

- Recommendation for issue of Bonus Equity Shares in the ratio of 1:10, i.e. 1 (One) Equity Share of a face value of Rs. 10/- each for every existing 10 (ten) Equity Shares of Rs. 10/- each fully paid by way of capitalization of Free Reserves & Securities Premium Account subject to the approval of Members at the ensuing Annual General Meeting.

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First Published: Aug 13 2015 | 7:13 PM IST

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