Alstone Textiles (India) has informed that the Board of Directors of the Company, at its meeting held today, 16th day of December, 2022 has allotted 1,14,73,20,000 Equity Shares of Re 1 each as fully-paid up Bonus Equity Shares, in the ratio of 9:1; issue of 9 (Nine) Equity Shares of Re 1 each for every 1 (One) existing Equity Share of Re 1 each, to the eligible Members whose names appeared in the register of Members/ list of beneficial owners as on 14th day of December, 2022, record date fixed for this purpose. Consequently, the paid-up Equity Share Capital of the Company stands increased from Rs 12,74,80,000 divided into 12,74,80,000 Equity Shares of Re 1 each to Rs 1,27,48,00,000 divided into 1,27,48,00,000 Equity Shares of Re 1 each. The Board meeting commenced at 12:00 PM and concluded at 12:45 PM.
The above information is a part of company’s filings submitted to BSE.