The board of Tilaknagar Industries has recommended bonus issue of equity share in the ratio of two equity shares of the company of Rs 10 each for every one equity share of the company held by the equity shareholders or the company subject to the approval of the equity shareholders at the forthcoming extra ordinary general meeting of the company to be held on 24 August 2009 and has kept in reserve the corresponding benefits for CCPS, warrants and ESOPs also.
The board has also appointed Madan Goyal as an additional director of the company with effect from 03 August 2009.
This was recommended at the board meeting held on 24 July 2009.
The board has also appointed Madan Goyal as an additional director of the company with effect from 03 August 2009.
This was recommended at the board meeting held on 24 July 2009.
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