With reference to earlier announcement dated December 06, 2016, Indian Hume Pipe Company has informed that the Committee of Directors appointed for issue and allotment of Bonus Shares at their meeting held on December 14, 2016 has approved allotment of 24,223,585 equity Shares of Rs 2 each as Bonus Shares in the proportion of One Bonus Share of Rs 2 each for every One Equity Share of Rs 2 each held by the Members whose names appeared on December 13, 2016, the Record Date by capitalizing a sum of Rs 48,447,170 from Free Reserves of the Company to the Share Capital Account.
The above information is a part of company’s filings submitted to BSE.
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