Board of Shanti Overseas (India) has approved the issue of bonus shares.

Company : Shrenik Limited

The Board of Shanti Overseas considered and approved the issue of Bonus Share in 1:2 ratio (1 new fully paid-up equity share of Rs. 10/- each for every 2 existing fully paid-up equity share of Rs. 10/- each). Accordingly, 37,02,000 bonus shares will be issued.

The Compay also got the approval from the Board of Directors to increase authorized share capital of the company from Rs.7 crore (76, 00,000 equity shares of Rs 10/-) to Rs. 12crore (1, 20,00,000 equity shares of Rs 10/-) each

Shanti Overseas India Ltd started with a modest beginning in the year 2011, is now a leading export house based in central India (Indore) with overseas operations covering from the USA to Europe

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