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Akash Infra-Projects Limited Share Issue/Capital Change 2019
62117_rns_2019-03-11_ffbbfbc5-f127-440c-9a5d-9a00b1b71c89.pdf
Share Issue/Capital Change
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$: +91-79-23227006$ Fax $: +91-792231006$ E-mail : [email protected] Web: www.akashinfra.com Regd. Office: 2, G.F., Abhishek Building, Opp. Hotel Haveli, Sector-11, Gandhinagar-382011, Gujarat. (INDIA)
CIN: L45209GJ1999PLC036003
11th March, 2019
To. National Stock Exchange of India Limited (SME Emerge) Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051
SYMBOL: AKASH
Dear Sir,
Sub.: Intimation of Allotment of Bonus shares.
With reference to the captioned subject matter, it may be noted that the Board of Directors of the Company have at their meeting held on $31st$ January, 2019 recommended bonus issue of Equity Shares in the ratio of 1:1. The Bonus issue was subsequently approved by the Shareholders at their Extra-ordinary General Meeting held on 28th February, 2019.
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform that the Board of Directors of the Company, have at their meeting held today (i.e. on 11th March, 2019), allotted 84,31,267 equity shares of Rs. 10/- each in the proportion of 1 (One) New Equity Share for every 1 (One) existing Equity Shares held to those members whose names appeared on the record date i.e. on 8th March, 2019.
Pursuant to allotment of aforesaid Bonus Shares through Capitalisation of reserves, the issued, subscribed and paid-up capital of the Company stand increased as follows:
Rs. 16,86,25,340/- divided into 1,68,62,534 Equity Shares of Rs. 10/- each.
Kindly take the above information on your record.
Thanking you.
Yours faithfully,
FOR, AKASH INFRA-PROJECTS LIMITED
UPASNA PATEL COMPLIANCE OFFICER & COMPANY SECRETARY
