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BNK Capital approves bonus share in ratio 1:4

BNK Capital at its meeting held on April 17, 2011 has approved bonus share in the ratio 1:4.

April 18, 2011 / 12:53 IST

BNK Capital Markets Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 17, 2011, inter alia, have approved the following:1. To commensurate with 25th years of completion of the Company's operation, the Directors have recommended issue of fully paid up Bonus Equity Shares of Rs. 10/- each fully paid up by capitalization of reserves in the ratio of one (1) Bonus Shares for four (4) Equity Shares held as at the record date, to be announced later.2. Increase in the Authorised Capital of the Company.Like in earlier years the Company shall declare its audited financial results for the financial year March 2011 within stipulated time. As such the Company shall not announce unaudited financial results for the 4th quarter ended March 31, 2011.Source : BSE

Read all announcements in BNK Capital

first published: Apr 18, 2011 12:53 pm

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