The Board of Directors of IFL Enterprises Limited ("the Company") in its Board Meeting held on September 24, 2024 have allotted 49,17,957 Equity shares of Rs. 1/- each as fully paid Bonus Shares to the existing shareholders of the Company as on record date September 21, 2024 in the ratio of 01:150 i.e. 01 (One) fully paid Equity Shares for every 150 (One Hundred and Fifty) Equity Shares held.
Further, pursuant to such issue 51,417 Equity shares has arose in fraction which has been ignored and no certificate, coupon or cash shall be issued for such fraction and shall be round off to the lower integer.
Post the above allotment and adjustment of fractional shares, the paid-up Equity Share capital of the Company would stand at Rs 75,03,24,164/- consisting of 75,03,24,164 equity shares of Rs. 01/- each. The said shares shall rank pari-passu with existing Equity Shares of the Company in all respect. |
