In layman’s terms - they are seeking permission to cut the pizza which currently has 4 slices such that it will have 6 slices. How and when the new 2 slices will be shared isn’t mentioned in that clause. Once permission is received from shareholders, the company can use it to raise cash by way of QIP, Pref allotment, rights issue etc. These new slices (shares) will not be given out for free to existing shareholders (Bonus issue) as this resolution most likely has been brought to enhance the strength of the Balance Sheet by raising equity investment so that they can deliver the Orderbook and also improve their Credit Rating
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