Corporate Announcement
Security Code : 532805    Company : REDINGTON    
 
Corporate Action-Board recommends Bonus IssueDownload PDF 0.57 MBDownload XBRL
  Exchange Received Time  07/07/2021 13:37:09         Exchange Disseminated Time   07/07/2021 13:37:15              Time Taken   00:00:06
This is in continuation to our announcement dated July 2, 2021 pursuant to Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 in respect of the meeting of the Board of Directors.

We wish to inform you that the following were the outcome of the Board Meeting held on July 7, 2021.

The Board of Directors have considered, approved and recommended a bonus issue of one equity share of INR 2/- (Rupees Two only) each fully paid up for every one equity share of INR 2/- (Rupees Two only) each held as on the Record date decided for this purpose. This bonus issue will be subject to the approval of shareholders and other approvals, consents, permissions, conditions and sanctions, as may be necessary.

The record date for reckoning the eligible shareholders entitled to be allotted bonus shares has been fixed as August 20, 2021.
 

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