1.Scrip code : 506414
Name : FERMENTA BIOTECH LIMITED
Subject : Board recommends Bonus Issue
Fermenta Biotech Ltd has informed BSE that the Board of Directors of the Company (‘Board’) at its meeting held on December 24, 2019 has, inter alia, approved the following: – Bonus: Subject to the approval of the members of the Company, the Board has recommended issue of Bonus equity shares (‘Bonus shares’) in the proportion of 2:1 i.e. 2 (Two) new fully paid-up equity share of Rs. 5/- (Rupees Five only) each for every 1 (One) existing fully paid-up equity share of Rs. 5/- (Rupees Five only) each held by the members.
2.Scrip code : 540737
Name : Shree Ganesh Remedies Limited
Subject : Announcement under Regulation 30 (LODR)-Acquisition
Board Members in their meeting held on today i.e. 24th of December 2019, considered and approved to acquire, Ashok Pharma Chem, a partnership firm engaged in manufacturing of Pharmaceutical intermediate products.