Question

Write a letter to the shareholder regarding issue of Bonus Shares.

Answer 1

YASH INDUSTRIES LIMITED Registered office: 102, New MIDC, Usha Tower, Shahu Chowk Mumbai – 400 031, CIN: L40407 MH 20050PLC710007 Tel. no. 022-23252323 Fax no. 022-23600445 Website: www.yashindustrieslimited.com E-mail: [email protected] Date: 16thOctobar, 2019 Ref no. Y/MR-B /5/19-20 Ms. Yukta Shroff, 715, Narayan Peth, Laxmi Road, Pune - 411 038. Sub: Issue of Bonus Shares Dear Madam, I am directed by the Board of Directors to inform you that in accordance with the resolution passed in the Extraordinary General Meeting of the company held on 14th October 2019, Shareholders have unanimously approved the recommendation of the Board of Directors to issue Bonus Shares. Bonus Shares are issued in the ratio of 1:1, i.e., one additional equity share for every equity share held as of the record date, 13th October 2019. The Details of the issue of Bonus Shares are as follows: 1 2 3 4 5 No. of Shares held on record date No. of Bonus Shares Issued/Allotted D.P.ID No. Client ID No. Date of Credit to Demat A/c Credit to Demat Account no. 25 25 IN 300100 10116061 31-10-2019 The Company has complied with the provisions for the issue of Bonus Shares. The Bonus Shares issued will rank pari passu with the existing equity shares. Thanking you, Yours faithfully,        For Yash Industries Limited Sign           (Mr. S. R. Naik)    Company Secretary