Maan Aluminium has informed that the Board of Directors of the Company at its meeting held on July 13, 2017, has issued and allotted 33,80,304 Equity shares of Rs 10 each as Bonus equity shares in the proportion of 1 Equity Share of face value of Rs 10 each for every 1 existing equity shares of face value of Rs 10 each.
Consequent to the said allotment, the paid up share capital of the Company has increased to Rs. 6,76,06,080 divided into 67,60,608 Equity Shares of Rs. 10/- each.
The Board also decided that the bonus Equity shares would be credited / dispatched to all the Equity shareholders, entitled for bonus shares, on or before July 19, 2017.
The meeting of the Board of Directors commenced at 12.30 p.m. and concluded at 01:00 p.m.
Source : BSE