“The bonus issue of equity shares in the proportion of 1 equity share of Rs 10 each for every 1 share of Rs 10 each held by the shareholders of the company as on the record date to be fixed by the board, subject to the approval of shareholders through postal ballot”, said the company in the filing with the exchanges.
Sebi bars Vijay Mallya from accessing securities market for 3 years
According to the order, Mallya is prohibited from buying, selling, or dealing in securities directly or indirectly, and from being associated with the securities market