MoU3 Feb 2024, 02:53 am
K.P. Energy Ltd Approves Bonus Issue of Equity Shares
AI Summary
The company has approved the issue of bonus equity shares in the proportion of 2:1 i.e. 2 new fully paid-up equity shares of Rs. 5/- each for every 1 existing fully paid-up equity shares of Rs. 5/-. The authorised share capital of the company has been altered from Rs. 12,50,00,000/- to Rs. 35,00,00,000/-,
Key Highlights
- Bonus issue of equity shares
- Increase in authorised share capital
- alteration in Capital Clause of Memorandum of Association