Ras Resorts & Apart Hotels has informed that at the Board Meeting held on June 15, 2013 immediately after the Annual General Meeting the Board has reconfirmed and passed the resolution for the issue of 1, 69,810 equity shares of the company of the face value of Rs. 1 each in the proportion of one equity shares for every five equity shares held to the public shareholders with the promoters/promoter group forgoing their rights of bonus entitlements.
The above information is a part of company’s filings submitted to BSE.