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Board of Nava Bharat Ventures approves bonus issue of 1:1

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Capital Market

At meeting held on 22 July 2016

Nava Bharat Ventures announced that the Board of Directors of the Company at its meeting held on 22 July 2016, has approved the issuance of bonus shares in the ratio of 1:1 i.e. One Bonus Equity Share of Rs. 2/- each for every One existing Equity Share of Rs. 2/- each, by capitalizing a part of the general reserves, subject to the approval of shareholders at the ensuing Annual General Meeting scheduled to be held on 24 August 2016.

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First Published: Jul 22 2016 | 11:47 AM IST

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