The Board of Directors of Parshva Enterprises Ltd at their Meeting held on today i.e. Friday, the 17th December, 2021, have considered and approved the issue of fully paid Bonus Shares in the ratio of 205:100 i.e. Two Hundred and Five fully paid up new equity shares as bonus for every one hundred fully paid up equity shares held by the shareholders of the Company, subject to the approval of shareholders through Postal Ballot as per section 110 of the Companies Act, 2013.