Tea Time Ltd approves allotment of 230919 shares

The Board of Directors of Tea Time Ltd at its meeting held on September 09, 2015, has approved the allotment of 2,30,919 Bonus Equity Shares of Rs. 10/- each to the Company's Public Shareholders only in terms of SEBI Circular dated August 29, 2012 in the ratio of 93 shares for every 200 Shares held by them.

Consequent to the aforesaid allotment, the Total Public Shareholding in the Company has increased to 25.05% which is in compliance with the Minimum Public Shareholding norms of the Listing Agreement.

Source : Equity Bulls

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