BRIEF-V Guard Industries recommends 2:5 bonus share issue

  • Reuters
  • Stock Market News
BRIEF-V Guard Industries recommends 2:5 bonus share issue
Credit: © Reuters.

Jan 30 (Reuters) - V Guard Industries Ltd VGUA.NS

* Says considered commencemnet of commercial production of stabilizers, electric water heaters in March 2017 at new units in Sikkim

* Says recommended issue of bonus shares in ratio of 2:5

* Total investment outlay for stabilizer, electric water heater factories are INR 125 million and INR 250 million, espectively Source text: Further company coverage: VGUA.NS

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