Britannia Industries Ltd.

Britannia Industries has informed that the Board of Directors at its meeting held today has recommended and approved issuance of Secured Redeemable Non- Convertible Debentures as Bonus Debentures of Rs 50 in the ratio of 1 Bonus Debenture for every 1 equity shares held by the shareholders of the Company on a Record date as may be decided, subject to the approval of National Company Law Tribunal, Kolkata and any other approval as may be required.

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