The Board of Directors of Shish Industries Ltd at its meeting held on October 19, 2020, have recommended the Issue of Bonus Equity Shares in the ratio of 6:5 - i.e. 6 new fully paid Bonus Equity Shares of Rupees 10.00 each for every 5 fully paid Equity Shares of Rupees 10.00 each held as on the record date to be determined by the Board of Directors on later date.