StockWatch
·
Diversified
Bonus17 May 2026, 06:31 pm

Balmer Lawrie: No Bonus Share Recommendation

AI Summary

The Board of Directors of Balmer Lawrie & Company Ltd, in its adjourned meeting held on May 17, 2026, decided not to recommend the issue of bonus shares. This decision was made after analyzing the Consolidated Guidelines on Capital Restructuring of CPSEs issued by the Ministry of Finance on November 18, 2024.

Key Highlights

  • Balmer Lawrie Board decided against recommending bonus shares.
  • Decision followed review of CPSE capital restructuring guidelines.
  • Meeting was held on May 17, 2026.
  • The meeting resumed at 11:30 a.m. and concluded at p.m.