Business Standard

Board of Sanwaria Agro Oils approves bonus issue

Image

Capital Market

On 22 May 2017

Sanwaria Agro Oils announced that the Board of Directors of the Company at its meeting held on 22 May 2017 has recommended bonus issue in the ratio of 1:1. The Board has approved increase in authorised capital of the company from Rs 40 crore to Rs 78 crore divided into 76 crore equity shares of Re 1 each and 20 lakh preference shares of Rs 10 each.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: May 22 2017 | 7:31 PM IST

Explore News