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VGUARD — V Guard Industries News Story

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Brief: V Guard Industries recommends 2:5 bonus share issue

Jan 30 (Reuters) - V Guard Industries Ltd  VGUA.NS  
    * Says considered commencemnet of commercial production of 
stabilizers, electric water heaters in March 2017 at new units 
in Sikkim 
    * Says recommended issue of bonus shares in ratio of 2:5 
    * Total investment outlay for stabilizer, electric water 
heater factories are INR 125 million and INR 250 million, 
espectively 
 
Source text: http://bit.ly/2kFtYZB 
Further company coverage:  VGUA.NS  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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