The Board of Directors of BCL Enterprises Ltd, at its meeting held today i.e. 14th day of March, 2022 has allotted 5,83,00,000 Equity Shares of Re. 1/- each as fully-paid up Bonus Equity Shares, in the ratio of 1:1 i.e. issue of 1 (One) Equity Share of Re. 1/- each for every 1 (One) existing Equity Shares of Re. 1/- each, to the eligible Members whose names appeared in the register of Members / list of beneficial owners as on 11th day of March, 2022, i.e. record date fixed for this purpose.
Consequently, the paid-up Equity Share Capital of the Company stands increased from Rs. 5,83,00,000/- divided into 5,83,00,000 Equity Shares of Re. 1/- each to Rs. 11,66,00,000/- divided into 11,66,00,000 Equity Shares of Re. 1/- each.
Further, the new bonus equity shares will be credited to the beneficiary accounts of the shareholders at a date which shall fall before 2 months from the date of approval of Board of Directors.