Coastal Corporation Ltd approves allotment of bonus shares

The Board of Directors of Coastal Corporation Ltd at its meeting held on October 03, 2015 has considered and approved the allotment of 12,71,100 Bonus Equity Shares in the ratio of 1 (one) Equity Share for every 1 (one) existing Equity Share held on the Book Closure date fixed by the Company i.e., October 01, 2015.

Consequent to the said allotment of the Bonus Shares, the Paid up capital of the Company will stand increased. The Pre-Bonus Issue Paid-Up Capital was Rs. 1,27,11,000/- and the Post-Bonus Issue Paid-Up Capital is Rs. 2,54,22,000/-.

Source : Equity Bulls

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