Arvee Laboratories (India) to issue bonus shares in 1:1 ratio
Board at Arvee Laboratories (India) approved the increase in authorised share capital of the company and considered issuing bonus shares to the shareholders.
Company : Arvee Laboratories (India) Limited
Arvee Laboratories (India) made an announcement regarding the Board"s decision to issue bonus shares in the ratio of 1:1, that is 1 bonus equity share of Rs.10 each fully paid up for every 1 existing equity share of Rs.10 each fully paid up held.
The Board also considered the increase in authorized share capital of the company to 11.25 crores subjected to shareholder"s approval.
Arvee Laboratories (India) Limited produces and distributes chemicals. The Company offers products such as polymer modifiers, contrast media intermediates, and drug supplements. Arvee Laboratories (India) markets its products in India.
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