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Board of Junction Fabrics and Apparels approves bonus issue in ratio of 1:2

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Capital Market

At meeting held on 17 February 2020

The Board of Junction Fabrics and Apparels at its meeting held on 17 February 2020 has approved the bonus issue to the existing equity share holders and share warrant holders pursuant to conversion into shares in the ratio 1:2 (one equity share for every two equity shares of nominal value of Rs. 10/- each) subject to approval of members and regulatory authorities.

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First Published: Feb 17 2020 | 6:37 PM IST

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