The members of Indo Castle Multimedia have approved to issue and allot 1,87,00,000 equity shares of Rs 10 each fully paid up to the shareholders of Bonito Impex in the ratio of 187 equity shares of the company of Rs 10 each credited as fully paid up for every 200 equity shares of Rs 1 each fully paid up held by the members of BIPL in BIPL.
This was approved at the extraordinary general meeting held on 14 November 2008.
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