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Board of VKJ Infradevelopers approves bonus issue

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Capital Market

At meeting held on 20 November 2017

VKJ Infradevelopers announced that the Board of Directors of Company in its meeting held on 20 November 2017, consider and approve the issue of bonus shares by Capitalization of its Reserves in the ratio of 1:3 i.e. 1(One) new Bonus share to every 3(three) fully paid up equity shares held in the Company to the shareholders of the Company who held shares as on Record date to be fixed thereafter for the purpose, subject to the approval of shareholders through Postal Ballot.

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First Published: Nov 20 2017 | 3:57 PM IST

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