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Hikal recommends bonus issue

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Capital Market

In the ratio of 1:2

The Board of Hikal at the meeting held on 09 May 2018 has recommended issue of Bonus Shares to the members of the Company by capitalisation of its reserves in the ratio of 1:2 i.e. one bonus equity share of Rs. 2/- each fully paid-up for every two existing equity share of Rs. 2/- each fully paid-up held by the members as on record date.

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First Published: May 09 2018 | 4:51 PM IST

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