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Board of Visagar Polytex decide to allot bonus shares

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At meeting held on 05 April 2016

Visagar Polytex announced that the Board of Directors of the Company at its meeting held on 05 April 2016 has decided to allot 61,550,134 Equity Shares of Re. 1/- each as Bonus Shares to the shareholders whose names appear in the Register of Members as on 02 April 2016 (Record Date) in the ratio of 1:3, i.e. 1 (One) Equity Share of a face value of Re. 1/- each for every existing 3 (three) Equity Shares of Re. 1/- each fully paid by way of capitalization of Free Reserves & Securities Premium Account.

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First Published: Apr 05 2016 | 6:17 PM IST

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