Ganesh Housing Corporation has informed that the Board of Directors of the Company at its meeting held on July 16, 2016, has approved allotment of 16,334,273 as Bonus Equity Shares of Rs 10 each to the Shareholders of the Company who held Equity Shares as on the Record Date viz. July 15, 2016 in the ratio of 1:2 [One Equity Share for every Two Equity Shares held). Consequently, with effect from July 16, 2016, the Issued, Subscribed and Paid-up Share Capital of the Company stands increased to Rs 490,028,190 divided into 49,002,819 Equity Shares of Rs 10 each.
The above information is a part of company’s filings submitted to BSE.
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