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SBC Exports informs about outcome of board meeting

12 Mar 2025 Evaluate
SBC Exports has informed that the Board of Directors of the Company in its meeting held on 11th March, 2025 at 10.00 AM and Concluded at 10.50 am has approved the allotment of 158730000 Bonus Equity Shares of Re 1 each in the ratio of 1:2, (Bonus issue of 1 (one) Equity Share of Re. 1 each for every 2(Two) Equity Shares of Re. 1 each) held by the members as on the record date fixed by the Company, 10th March, 2025. Consequently, the paid-up equity share capital of the Company stands increased to Rs. 47,61,90,000 consisting of 476190000 equity shares of Re. 1 each. As part of the aforesaid allotment the bonus equity shares representing fractional entitlement(s) of eligible Members have been consolidated and allotted to Radha Kumari, Independent Director of the company as a trustee appointed by the Board. The trustee will sell such equity shares at the prevailing market rate as soon as possible and distribute the net sale proceeds, after adjusting the cost and expenses in respect thereof, among the eligible members in proportion to their respective fractional entitlements.

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

SBC Exports Share Price

33.11 -0.14 (-0.42%)
13-Apr-2026 16:59 View Price Chart
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