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Board of IFGL Refractories approves bonus issue

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Capital Market

At meeting held on 01 August 2016

IFGL Refractories announced that the Company's subsidiary, IFGL Exports Ltd in its meeting of Board of Directors held on 01 August 2016 have recommended issue of Bonus Shares in the ratio of 3.5:10 i.e. three and half Equity Shares of Rs. 10/- each credited as fully paid-up for every 10 Equity Shares of Rs. 10/- each held, subject to approval of the shareholders and other permissions as may be required.

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First Published: Aug 01 2016 | 3:11 PM IST

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