Banka BioLoo gets approval to issue bonus shares in 3:2 ratio
Board at Banka BioLoo approved and considered issuing bonus shares to the shareholders.
Company : Banka BioLoo Limited
Board at Banka BioLoo have approved the issuance of bonus shares in the ratio of 3:2, that is 3 bonus equity shares of Rs.10 each fully paid up for every 2 existing equity shares of Rs.10 each fully paid up held,to those members whose names appeared on the register of members as on the record date.
Banka BioLoo was incorporated in 2012 with an aim to provide sanitation infrastructure and hygienic solutions for human waste treatment and disposal. The Company has installed over 6,000 bio-toilet units across India.