Arnav Corporation has informed that the Board of Directors of the Company at its meeting held on October 21, 2014, has approved the allotment of 4,42,58,858 (Four Crore Forty Two Lacs Fifty Eight Thousand Eight Hundred and Fifty Eight) Bonus Equity Shares of Rs. 10/- (Rupee Ten only) each fully paid-up, to the Equity Share holders whose name appears in the Register of Members as on Record Date i.e. October 20, 2014 in the ratio of 49:50 i.e. 49 (Forty Nine) fully paid-up Bonus Equity shares for every 50 (Fifty) existing fully paid-up Equity Shares held by such Equity Shareholders.
The above information is a part of company’s filings submitted to BSE