Bonus23 Mar 2026, 07:51 pm
Biogen Pharmachem Industries Ltd Announces 1:6 Bonus Share Issue and Capital Increase
AI Summary
Biogen Pharmachem Industries Ltd has announced a bonus share issue in the ratio of 1:6, subject to shareholder approval. The company also plans to increase its authorized share capital and alter the capital clause in its Memorandum of Association. Additionally, the company has appointed new statutory auditors and a scrutinizer for the postal ballot process.
Key Highlights
- The company has approved a bonus share issue in the ratio of 1:6.
- The authorized share capital of the company will be increased from Rs. 91,00,00,000 to Rs 1,08,00,00,000.
- The capital clause in the Memorandum of Association will be altered, subject to shareholder approval.
- M/s. Goenka Mehta & Associates Chartered Accountants, Rajkot has been appointed as the new statutory auditors.
- M/s Daxa Negi & Associates has been appointed as the scrutinizer for the postal ballot process.