GM Breweries has informed that the Board of Directors of the Company at its meeting held on April 05, 2016, has recommended a Bonus issue of Shares in the ratio of 1:4 i.e. one share of Rs 10 each for every four share of Rs 10 each held. The issue of Bonus will be subject to approval of members at the forthcoming AGM.
The above information is a part of company’s filings submitted to BSE.