Corporate News 14-May-18
Board of The New India Assurance Company approves bonus issue
In the ration of 1:1
The New India Assurance Company announced that the Board of Directors of the Company at its meeting held on 11 May 2018, has approved the issue of bonus shares in proportion of 1:1 (ie. 1 new bonus equity share of Rs. 5 each for every 1 equity shares of Rs. 5 each held), subject to approval of the shareholders.
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