Corporate News 01-Jul-22
Board of REC approves bonus issue of 1:3
At meeting held on 30 June 2022
The Board of REC at its meeting held on 30 June 2022 has recommended the issue of bonus shares in ratio of 1:3 to the eligible members by capitalizing a sum not exceeding Rs 658.30 crore out of the sum standing to the credit of 'Securities Premium Account', subject to the approval of shareholders through postal ballot.
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