Wednesday, January 31, 2007

Mefcom Agro to issue bonus shares

Mefcom Agro Industries approved the issue of bonus shares in the ratio of 21:10 i.e., 21 bonus shares to shareholders who are holding 10 equity shares, and increasing authorised share capital of the company up to Rs 105,000,000. The board approved the agenda of EGMs.

The board approved the issue of bonus shares in the ratio of 21:10 equity shares i.e., 21 bonus shares to shareholders who are holding 10 equity shares.The board approved issue of shares on a preferential basis, issue of 46, 145 forfeited equity shares. It also approved the increase in authorised share capital of the company upto Rs 105,000,000.

An extraordinary general meeting (EGM) of the members of the company will be held on Mar. 10, 2007.

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