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Board recommends Bonus Issue

| Updated on June 22, 2018 Published on June 22, 2018

Sumeet Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 22, 2018, inter alia, has recommended issue of Bonus Equity shares in the ratio of 1:4 i.e. (1 (One) Equity shares of face value of Rs. 10/- each for every existing 4 (Four) Equity shares of face value of Rs. 10/- each fully paid-up by way of capitalization of Free Reserve subject to approval of shareholders.

Pdf Link: Board recommends Bonus Issue

Source : BSE - www.bseindia.com

Published on June 22, 2018
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