Vijaya Laghubitta’s proposal for 10% bonus shares gets approved while proposal for 100% right shares gets rejected

Mon, Apr 15, 2019 1:38 PM on AGM/Special AGM, Latest, Stock Market,
Vijaya Lag...

Vijaya Laghubitta Bittiya Sanstha Limited had decided to issue 10% bonus shares and 100% right shares post bonus issuance in order to increase paid up capital of Rs 38.96 crores.  However, the company’s bonus shares got approved but the proposal of rights shares did not get approve.  The board has decided to go further with issuance of bonus shares. The paid-up capital of the company will reach Rs 19.48 crore.