Sah Petroleums to issue bonus shares
Sah Petroleums Ltd on Friday said it will issue bonus shares in the ratio 3:5 to the shareholders of the company.
The shareholders at the AGM have approved the issue of three bonus shares of Rs 5 each for every five shares held, the company informed the Bombay Stock Exchange.
The AGM also gave its nod to increase the authorised share capital of the company from Rs 11 crore to Rs 16 crore for issuing bonus shares, it said.
The shareholders at the AGM have approved the issue of three bonus shares of Rs 5 each for every five shares held, the company informed the Bombay Stock Exchange.
The AGM also gave its nod to increase the authorised share capital of the company from Rs 11 crore to Rs 16 crore for issuing bonus shares, it said.
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