-Board of Directors approve for the share split of equity shares of Rs.10/- to Rs.2/-.
-Issue of Bonus Shares:
1. Increase in authorised capital from Rs. 10,01,00,000 (5,00,50,000 equity shares of Rs. 2/- each) to Rs. 20,02,00,000 (10,01,00,000 equity shares of Rs. 2/- each).
2. Issue of fully paid bonus shares to the members in the proportion of one bonus share of Rs. 2/- each for every one existing equity share held.