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Board of Ishan Dyes & Chemicals to consider bonus issue

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Capital Market

On 29 December 2016

Ishan Dyes & Chemicals announced that the meeting of the Board of Directors of the Company will be held on 29 December 2016, inter alia, to consider, discuss, recommend and approve the following:

1. Subject to shareholders' approval to increase in Authorized Share Capital of the Company and consequently alteration in the Capital Clause of the Memorandum of Association of the Company.

2. Proposal for Issue of Bonus Equity Shares to the existing Shareholders of the Company.

3. Other related matters including fixing day and date for Extra Ordinary General Meeting of the Shareholders of the Company OR conducting of Postal Ballot.

 

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First Published: Dec 22 2016 | 2:47 PM IST

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