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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