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Sun Retail informs about allotment of bonus shares

27 Aug 2021 Evaluate

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 Sun Retail has informed that the Board of Directors of the Company at its meeting held on today, Friday, August 27, 2021 commenced at 10:00 am and concluded at 11:00 am at the Registered Office of the Company B/107. First Floor, Sakar-9, Nr. Old Reserve Bank, Opp. Times of India, Ashram Road, Ahmedabad-380009, Gujarat, India, has allotted 58188000 equity shares of Re 1 each as fully paid-up Bonus Shares to the existing shareholders of the company as on Record date Tuesday, 17th August, 2021 in the ratio of 3:5 i.e., 3 Equity Shares for every 5 fully paid-up Equity Shares of Re 1 each. Post the above allotment, the Paid-up Equity Share Capital of the company stands increased from Rs 9,69,80,000 to Rs 15,51,68,000 consisting of 155168000 Equity Shares having Face Value of Re 1 each. The said Shares shall rank pari-passu with existing Equity Shares of the company in all respect.

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

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