Board approves Bonus Issue

JMT Auto Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 10, 2014, inter alia, have considered and approved the followings:

1. The issue of Bonus Shares to the Shareholders of the Company in the proportion of 5:2, i.e. 5 (Five) Bonus Equity Shares of Rs. 10/- each for every 2 (Two) existing fully paid Equity Share of Rs. 10/- each held by such members.

2. Increase in Authorised Share Capital of the Company and consequential alternations of Memorandum and Articles of Association of the Company.

Source : BSE - >www.bseindia.com

Published on June 11, 2014
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