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Board of G M Breweries recommends bonus issue

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Capital Market

At meeting held on 05 April 2016

G M Breweries announced that the Board of Directors of the Company at its meeting held on 05 April 2016, have recommended a Bonus issue of Shares in the ratio of 1:4 i.e. one share of Rs. 10/- each for every four share of Rs. 10/- each held. The issue of Bonus will be subject to approval of members at the forthcoming AGM.

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First Published: Apr 06 2016 | 9:38 AM IST

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