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Board of South India Projects approves bonus issue of 4:1

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Capital Market

At meeting held on 25 August 2018

South India Projects announced that the Board of Directors of the Company at its meeting held on 25 August 2018, inter alia, have considered, approved and recommended, subject to approval of members at the ensuing Annual General Meeting of the Company, issue of Bonus Shares to the members of the Company by capitalisation of its reserves in the ratio of 4 (Four) bonus equity share of Rs. 10/- each fully paid-up for every One (1) existing equity share of Rs. 10/- each fully paid-up held by the members as on a Record Date to be fixed by the Board thereof for the purpose.

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First Published: Aug 27 2018 | 9:19 AM IST

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