New Delhi: The Board of Directors of Patanjali Foods has given its nod to the bonus share issue. The board recommended issuing bonus shares in the ratio of 2:1.
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| Sr.No | Particulars | Information |
|---|---|---|
| 1 | Type of securities proposed to be issued | Equity Shares of face value of Rs. 2/- each. |
| 2 | Type of issuance | Bonus Issue |
| 3 | Total number of securities proposed to be issued or the total amount for which the securities will be issued (approximately) | 72,50,12,628 Equity Shares of face value of Rs. 2/- each would be issued as Bonus Shares. The actual number of bonus shares to be issued will be determined based on the fully paid-up equity shares as on the record date. |
| 4 | Whether bonus is out of free reserves created out of profits or share premium account | The issuance of bonus shares shall be from capitalization of capital redemption reserve and / or securities premium and / or general reserve subject to the approval of the Shareholders. |
| 5 | Bonus Ratio | 2:1 i.e. 2 (Two) new fully paid-up Equity Shares of Rs. 2/- (Rupees Two Only) each for every 1 (One) existing fully paid-up Equity Share of Rs. 2/- (Rupees Two Only) to the eligible Equity Shareholders of the Company as on record date. |
| 6 | Details of share capital - pre and post bonus issue | Pre-bonus issue paid-up share capital as on date: 36,25,06,314 Equity Shares of face value of Rs. 2/- each aggregating to Rs. 72,50,12,628/-. Post-bonus issue paid-up share capital as on date: 108,75,18,942 Equity Shares of face value of Rs. 2/- each aggregating to Rs. 217,50,37,884/-. The actual number of bonus shares to be issued will be determined based on the fully paid-up equity shares as on the record date. |
| 7 | Free reserves and/or share premium required for implementing the bonus issue | Rs. 145,00,25,256/- (based on estimated number of bonus shares as per Point (5 & 6) above). |
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