Gujarat Toolroom has informed that the Board of Directors of the Company, at its meeting held today, i January 06, 2025 has: a. Recommended to the shareholders for their approval, through postal ballot: i. issue of bonus shares in the ratio of 5:1 i.e., 5 new fully paid-up equity share of ? 1/- each for every 1 existing fully paid-up equity share of ? 1/- each, to the eligible equity shareholders of the Company as on the record date, January 03, 2025, by capitalization of securities premium received in cash and / or free reserve; ii. increase in the Authorized Share Capital of the Company from Rs. 100 crores to Rs. 140 crores. Details as required under Regulation 30 of the LODR, for bonus issue, are given in Annexure to this letter. The meeting of the Board of Directors commenced at 09:30 am and concluded at 10:20 am.
The above information is a part of company’s filings submitted to BSE.
