Tea Time Ltd Board approves 93:200 Bonus Issue

The Board of Directors of Tea Time Ltd at its meeting held on July 17, 2015, has approved, subject to Shareholders' approval to be obtained at ensuing Extra Ordinary General Meeting, Issue of Bonus Shares to the Company's Public Shareholders only in terms of SEBI Circular dated August 29, 2012 in the ratio of 93 equity shares of Rs. 10/- each for every 200 Equity Shares of Rs. 10/- each held by them for the purpose of increasing the Public Shareholding in the Company to a minimum of 25%.

Source : Equity Bulls

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