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Avadh Sugar & Energy Ltd - Corporate Action-Board recommends Bonus Issue

| Updated on May 13, 2019 Published on May 13, 2019

4. The Board of Directors has also recommended the issue of Bonus Shares by capitalization of Capital Redemption Reserves in the ratio of 1:1 i.e. 1 (one) bonus equity share of Rs 10/- each fully paid-up for every 1 (one) existing share of Rs 10/- each held by the members, subject to the shareholders approval through Postal Ballot. The record date for reckoning eligible shareholders entitled to receive Bonus Shares will be communicated later on.

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Source : BSE - www.bseindia.com

Published on May 13, 2019
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