Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations), Shivalik Rasayan has informed that the Directors of the Company at their meeting held on Monday, April 23, 2018 have allotted 21,04,000 Bonus Equity Shares of face value of Rs 5 each, in the ratio of 1:4, i.e., 1 new Bonus Share of face value Rs 5 each for every 4 equity shares of face value Rs 5 each held by the shareholders in the Company whose names appeared in the list of Register of Shareholders as on Record date, i.e. April 20, 2018.
The above information is a part of company’s filings submitted to BSE.