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              The Committee of Board of Director of Viaan Industries Ltd in its meeting held on September 30, 2016, has approved the Allotment of Bonus Shares in the ratio of 2:1 (i.e. in the proportion of 2 (two) new equity shares of Rs. 10/- each for every 1(one) existing fully paid up equity share of Rs. 10/- each) to the existing shareholders, whose name appears in the Register of Members of the Company as on the Book-Closure date i.e. September 29, 2016.