Aakash Exploration Services to allot bonus share in 1:2 ratio
Board of Directors at Aakash Exploration Services has decided to allot bonus shares in the ratio of 1:2 and to increase the authorized share capital of the company to Rs.10.12 crore.
Company : Aakash Exploration Services Limited
Board of Directors at Aakash Exploration Services has declared at a meeting that the company will allot 33,75,000 equity shares having face value of Rs.10 each as fully paid up bonus equity shares in the ratio of 1 equity share for every 2 Equity shares held. This will be allotted to eligible members whose names appear in the Register of Members/ list of Beneficiary owner as on 27th March, 2020 which is the record date fixed for Bonus shares allotment.
With the decision to allot bonus shares, the authorized share capital of Aakash Exploration Services has consequently increased to Rs.10,12,50,000 consisting of 1,01,25,000 equity shares of value Rs.10 each.
Aakash Exploration Services Limited (AESL) is an ISO 9001 14001 and OHSAS 18001 certified company with headquarter in Ahmedabad, Gujarat, providing Oil and Gas Field Services.