Bronze Infra-Tech has informed that the Board of Directors of the Company at its meeting held on October 20, 2015, has approved to increase the Authorized Share Capital of the Company from Rs17,50,00,000 divided into 1,75,00,000 equity shares of Rs10 each to Rs23,05,00,000 divided into 2,30,50,000 equity shares of Rs10 each, the issue of Bonus Shares at the ratio of one shares for every three shares held by the existing shareholders, the FDI (Foreign Direct Investment) limit up to 24% of the paid up share capital of the Company, subject to regulatory approvals, and the proposal for listing of shares on National Stock Exchange of India Limited.
The above information is a part of company’s filings submitted to BSE.
