Bajaj Healthcare gets approval from the Board to issue 1:1 bonus share and to increase authorized share capital by Rs.4 Crore.

Company : Bhakti Gems and Jewellery Ltd

Board of Bajaj Healthcare Limited considered the issuance of Bonus Share in 1:1 of value Rs.10 each fully paid for every 1 existing equity share shares of value Rs.10 each fully paid up held.

Following are the details of share capital pre and post bonus issue:

- Pre-bonus issue: 68,99,600 Shares amounting to Rs.6.89 Crore.
- Post-bonus issue: 1.37.99.200 shares amounting to Rs.13.79 Crore.

Reportedly, Rs.65.86 Crore free reserve/ share premium is available for capitalization as on 31st March, 2019.

The Board of Bajaj Healthcare Limited approved the increment of authorized share capital from Rs.10 Crore (1 Crore equity shares of value Rs.10 each) to Rs.14 Crore (1.40 Crore Equity Shares of value Rs.10each).

The board also re-considered the decision for Migration of the company from BSE SME Segment to Main Board of BSE Limited.

Bajaj Healthcare Ltd is an ISO 9001 certified company engaged in providing services to various pharmaceuticals, nutraceutical and food industries globally. The company has its registered office in Thane.

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