Bonus6 Dec 2023, 10:01 pm
SBC Exports Ltd to issue bonus shares in 1:2 ratio
AI Summary
The Board of Directors of SBC Exports Ltd has recommended and approved the issue of bonus shares in the ratio of 1:2, subject to shareholder approval and other regulatory approvals. The bonus shares will rank pari-passu with existing equity shares and carry the same rights.,
Key Highlights
- Bonus issue in 1:2 ratio
- Subject to shareholder and regulatory approvals
- Rank pari-passu with existing equity shares
- Carry the same rights as existing equity shares