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Visagar Polytex board to consider bonus issue

01 Feb 2016 Evaluate

Visagar Polytex has informed that a meeting of the Board of Directors of the Company will be held on February 10, 2016, to consider and transact the issuance of Bonus Equity Shares by capitalization of Free Reserves / Securities Premium Account subject to approval of Shareholders; Increase in the Authorized Share Capital of the Company, if required consequent to the bonus issue; to approve draft notice of the Postal Ballot to be sent to all the Equity Shareholders of the Company; and adoption of Unaudited Financial Result for the quarter ended December 31, 2015. Further, in accordance with the Code of Internal Procedures and Conduct for Regulating, Monitoring and Reporting of Trading by Insiders adopted by the Company under SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in the securities of the Company will be closed for all Directors, Officers and Designated Employees of the Company from February 01, 2016 and would open on February 15, 2016, i.e., 48 hours after the announcement related to unaudited financial results and issuance of bonus shares is made to the public.

The above information is a part of company’s filings submitted to BSE.

Visagar Polytex Share Price

0.57 0.03 (5.56%)
19-Jun-2026 16:59 View Price Chart
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