United Phosphorus Board approves Bonus Issue in 1:1 ratio
By TMI | July 24, 2008
United Phosphorus Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 24, 2008, inter alia, subject to the approval of the shareholders at the forthcoming Annual General Meeting of the Company, approved a bonus issue of equity shares in the ratio of ONE equity share of the Company of Rs 2/- each for every ONE equity share of the Company held by the shareholders of the Company as on a Record Date to be fixed later for this purpose.
Topics: Corporate Actions |
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