Shree Nath Commercial & Finance Limited has informed the share market (BSE.NSE) that the company has fixed 17th March 2011 as the Record Date for the purpose of determination of Members who are entitled to receive the Bonus Shares. Shareholders who would be there in company’s record on the Record Date would be entitled to receive 1 equity shares in lieu of every 1 equity share held by them. The Bonus Shares will be given in the ratio of 1 Bonus Equity Share for every 1 Equity Shares held in the Company. Board has considered proposal to increase Authorised Capital from Rs. 6 crore to Rs. 12 crore.
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