Shree Nath Commercial & Finance Limited : Bonus Issue Announcement

by khalid on 24/01/2011 · 0 comments

Shree Nath Commercial & Finance Limited has informed the share market (BSE/NSE) that the Board of Directors of the Company recommended the following items in a recently held meeting.

1. Issue of bonus shares In the ratio of 1:1 that is one (1) equity share of Rs. 10.00 each fully paid up for every existing One (1) equity share on the Record date which will be announced later.

2. The Board has decided to convene An Extra Ordinary General meeting on 25th February 2011.

3. Board has considered proposal to increase Authorised Capital from Rs. 6 crore to Rs. 12 crore.

Stay tuned to BelltheBull Blog for more news on Shree Nath Commercial & Finance Limited !

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