A meeting of the Board of Directors of Ultracab (India) Ltd was held on September 14, 2016, which considered, discussed, approved, issued and allotted 42,41,000 Ordinary Shares of Rs. 10/- each, as Bonus Shares to those Members of the Company entitled thereto as on September 09, 2016 being the Record Date fixed for the purpose.
Consequent to the said allotment, the paid-up share capital of the Company has increased to Rs. 4,24,10,000 divided into 42,41,000 equity shares of Rs. 10/- each.