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White Organic Agro informs about corporate action

17 Dec 2018 Evaluate

White Organic Agro has informed that the board of the company is pleased to reward its shareholders with 100% bonus equity shares in the ratio of 1:1. The Board of Directors considered, approved and recommended, subject to the approval of shareholders, increase in the Authorized Share Capital of the Company, from the present Rs 17,50,00,000 divided into 1,75,00,000 Equity Shares of Rs 10 Each to Rs 35,00,00,000 divided into 3,50,00,000 Equity Shares of Rs 10 Each and to amend the Capital Clause V of the Memorandum of Association of the Company.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Redington 358.60
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Maxgrow India 178.35
Rashi Peripheral 697.90
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