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MEDIA RELEASE BSE's shareholders approve 12:1 Bonus shares in the EGM | |
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Bombay Stock Exchange Ltd. (BSE) shareholders have approved in its Extra Ordinary General Meeting (EGM) held on February 20, 2009, issue of Equity Shares by way of Bonus Issue. The fully paid up Bonus Shares will be allotted to the Shareholders of the Exchange, in the proportion of 12 Bonus Shares of Re.1/- each for every 1 Equity Share of face value of Re.1/- each held by them. The EOGM has also approved the resolution to allow the Exchange to allot Equity Shares on Preferential basis to Deutsche Boerse AG and Singapore Exchange Limited to top up their holding up to 5% of the Equity capital. This is in view of the Exchange having kept in abeyance allotment of equity shares to 25 trading members on account of suspension of their membership rights due to various reasons. Kalyan S. Bose Head - Corporate Affairs Corporate.affairs@bseindia.com February 20, 2009 | |
