Visagar Financial Services has informed that the board of directors of the company at its meeting held on December 06, 2012, has allotted 1,62,54,500 bonus shares of Rs. 2 each, credited as fully paid-up equity shares to the holders of the equity shares of the company, in the proportion of 1 bonus share of Rs. 2 each for every 1 fully paid-up equity share of Rs. 2 each held by them as on the record date i.e. December 05, 2012.
The above information is a part of company’s filings submitted to BSE.