Brief: Techno Electric and Engineering seeks members' nod for issue of bonus shares in 1:1 ratio

Techno Electric & Engineering

14/07/2016 11:54

July 14 (Reuters) - Techno Electric and Engineering Company Ltd  TEEC.NS : 
 * Seeks members' nod for issue of bonus shares in 1:1 ratio 
 
 * Source text: Techno Electric & Engineering Company Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 14, 2016, has recommended the following for approval of the Members through Postal Ballot and e-voting: 
 
- Issue of Bonus Shares in the proportion of 1 (One) Bonus Share of nominal value of Rs. 2/- (Rupees Two) each for every existing 1 (One) fully paid-up Equity Shares of nominal value of Rs. 2/- (Rupees Two) each. 
 
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