16th-Jul-2012 12:26Source: BSE

Castrol - Board approves Bonus Issue

Castrol India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 16, 2012, inter alia, has approved the issue of Bonus shares in the ratio of 1:1 i.e. One Bonus Equity Share for every One equity shares of Rs. 10/- each (fully paid up) held on the Record Date to be fixed in consultation with the Stock Exchange. The said issue is subject to the approval of the shareholders by way of a Postal Ballot and such other approvals as may be necessary.