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Board of Orbit Exports approves bonus issue

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Capital Market

At meeting held on 26 December 2016

The Board of Directors of Orbit Exports at its meeting held on 26 December 2016 approved the following -

Increase in authorised capital of the company from Rs 15 crore to Rs 35 crore dividend into 3.50 crore equity shares of Rs 10 each.

Consequential alteration in capital clause of MoA of the Company.

Issue of bonus shares in the ratio of 1:1.

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First Published: Dec 26 2016 | 3:25 PM IST

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