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Board of Ultracab (India) allots bonus shares

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Capital Market

At meeting held on 14 September 2016

Ultracab (India) announced that the meeting of the Board of Directors of the Company is held on 14 September 2016, inter alia, the following matters were considered, discussed, approved by the board;

- Issued and allotted 42,41,000 Ordinary Shares of Rs. 10/- each, as Bonus Shares to those Members of the Company entitled thereto as on 09 September 2016 being the Record Date fixed for the purpose.

Consequent to the said allotment, the paid-up share capital of the Company has increased to Rs. 4,24,10,000 divided into 42,41,000 equity shares of Rs. 10/- each.

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First Published: Sep 14 2016 | 6:21 PM IST

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