Orbit Corporation Allots Bonus Shares (02-Jul-2010)
Orbit Corporation has approved the allotment of 5,49,80,945 equity shares as bonus equity shares to the existing shareholders of the company in the ratio 1:1 i.e. one fully paid equity share of Rs. 10 each for every fully paid equity shares of Rs. 10 each held by the shareholders.
Consequently to such allotment, paid-up equity share capital of the company has increased to Rs. 109.96 crore consisting of 10,99,61,890 equity shares of Rs. 10 each.
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