Shivalik Rasayan has informed that the Board of Directors of the Company at its meeting held on March 05, 2018, has transacted and approved sub-division of the equity shares of face value Rs 10 each into equity shares of face value Rs 5 each, and issue of one fully paid up bonus equity share of face value Rs 5 each for every four equity shares of face value Rs 5 each (i.e. as adjusted for sub-division of shares), subject to approval of the shareholders through postal ballot.
The above information is a part of company’s filings submitted to BSE.
