Godrej Consumer Products today said it has got shareholder approval to issue bonus share of Re 1 each for every existing share.
The ordinary resolution to issue bonus shares in the ratio of 1:1 is approved by the shareholders, the company informed the BSE in a filing today.
According to the statement, it was proposed to issue one bonus share of Re 1 each for every existing share.
Besides, the shareholders also approved the proposal to increase the share capital of the company.
(This article has not been edited by DNA’s editorial team and is auto-generated from an agency feed.)