A & M Febcon gets approval from the Board of Directors to issue bonus in 2:5 ratio.

Company : ANG Lifesciences India Ltd

The Board of Directors of A & M Febcon Ltd. recommended Bonus issue in the ratio of 2 equity shares of face value Rs.10 each for every 5 equity shares.

The Pre-bonus issue paid up equity share capital stood at Rs.9,15,22,890 as on 10th August 2019, consisting of 91,52,289 equity shares of value Rs.10 each.

As per reports, the Post-bonus paid up equity share capital shall be Rs.12,81,32,050 consisting of 1,28,13,205 equity shares of value Rs.10 each.

Rs.3,66,09,156 will be utilised for implementation of bonus issue and Rs.3,90, 75,005/- consisting of free reserves, securities premium is available as on 31st March 2019.

Reportedly, bonus shares will be credited or dispatched within 9th October, 2019.

A & M Febcon Limited. is a public incorporated company since 18th June 2013. It is classified as non-govt Company and is registered at registrar of companies, Ahmedabad.

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