Board at Mitsu Chem Plast issues bonus share in 2:1 Ratio
Mitsu Chem Plast announced the boards decision to issue bonus equity shares in 2:1 ratio and increasing the authorised share capital of the company.
Company : Mitsu Chem Plast Ltd
Board of Directors at Mitsu Chem Plast has approved the allotment of 80,48,400 bonus equity shares of value Rs.10 each, in the ratio of 2:1. That means issuing two fully paid-up bonus equity shares of value Rs.10 each, for every one equity share held in the capital of the company.
Mitsuchem Plast Ltd, is a leading manufacturer of plastic blow moulded and injection moulded poly container products.