The Board of Directors of SBC Exports Limited in its meeting held today, the 25th February, 2022, has, approved the allotment of Bonus Equity Shares of Re. 1/- each in the ratio 1:1 i.e (Bonus issue of 1 (one) Equity Share of Re. 1/- each for every 1(one) Equity Share of Re. 1/- each) held by the members as on the record date i.e 23rd February, 2022.
Consequently, the paid-up equity share capital of the Company stands increased to Rs. 21,16,40,000/- consisting of 211640000 equity shares of Re. 1/- each.