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Board of Fairdeal Filaments recommends bonus issue of 1:10

Fairdeal Filaments announced that the Board of Directors of the Company at its meeting held on 13 August 2015, inter alia, considered and approved the following amongst other businesses:

- Recommendation for issue of Bonus Equity Shares in the ratio of 1:10, i.e. 1 (One) Equity Share of a face value of Rs. 10/- each for every existing 10 (ten) Equity Shares of Rs. 10/- each fully paid by way of capitalization of Free Reserves & Securities Premium Account subject to the approval of Members at the ensuing Annual General Meeting.

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