The Members of Naysaa Securities Ltd have approved the issue of Bonus Shares in the proportion of 15 (Fifteen) Bonus Equity Share of Rs 10/- (Rupees Ten) each, for every 10 (Ten) fully paid-up Equity Share of Rs 10/- (Rupees Ten) each, existing Equity Share held by the Members and that the Bonus Shares so distributed shall, for all purpose, be treated as an increase in the paid-up capital of the Company.
The Board of Directors have approved and fixed 31st December, 2022 as the Record Date for the purpose deciding the Members who shall be eligible to the allotment of the Bonus Shares as per ratio mentioned above by capitalization of such as may be required, from the Securities Premium Account, Free Reserves or any other permitted reserves / surplus of the Company for the purpose of issue of Bonus Shares of Rs. 10/- (Rupees Ten) each, credited as fully paid-up to the holders of the Equity Shares of the Company, whose names appear on the Register of Members on the Record Date of 31st December, 2022.
The fully paid-up Bonus Shares shall be distributed to the Members of the Company, whose names appear on the Register of Members as on 31*t December, 2022, of the Company.
The Bonus Shares so allotted shall rank pari-passu in all respects with the fully paid-up Equity Shares of the Company as existing on 31st December, 2022.