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Question
Attempt the following.
Write a letter to the shareholder regarding issue of Bonus Shares.
Solution
YASH INDUSTRIES LIMITED
Registered office: 102, New MIDC, Usha Tower, Shahu Chowk
Mumbai – 400 031,
CIN: L40407 MH 20050PLC710007
Website: www.yashindustrieslimited.com
E-mail: [email protected]
Date: 16thOctobar, 2019
Tel.no. 022-23252323
Fax no. 022-23600445
Ref no. Y/MR-B /5/19-20
Ms. Yukta Shroff
715, Narayan Peth
Laxmi Road,
Pune - 411 038.
Sub. : Issue of Bonus Shares
Dear Madam,
I am directed by the Board of Directors to inform you that in accordance with the resolution passed in the Extra-ordinary General Meeting of the company held on 14th October 2019 Shareholders have unanimously approved the recommendation of the Board of Directors to issue Bonus Shares. Bonus Shares are issued in the ratio of 1:1, i.e. one additional equity share for every equity share held as on record date 13th October 2019.
The Details of issue of Bonus Shares are as follows:
| 1 | 2 | 3 | 4 | 5 |
| No. of Shares held on record date | No. of Bonus Shares Issued/Allotted | D.P.ID No. |
Client ID No. |
Date of Credit to Demat A/c |
| Credit to Demat Account no. | ||||
| 25 | 25 | IN 300100 | 10116061 | 31-10-2019 |
The Company has complied with the provisions for the issue of Bonus Shares. The Bonus Shares issued will rank pari passu with the existing equity shares.
Thanking you,
Yours faithfully,
For Yash Industries Limited
Sign
(Mr. S. R. Naik)
Company Secretary
APPEARS IN
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