Trent to consider bonus issue to investors on April 22

Newspoint
Trent Ltd on Friday informed the exchanges that its board will meet on April 22 to consider a bonus issue of shares to investors, subject to approval of the shareholders. The company will also declare financial results on the same day.

Apart from the bonus issue, multiple proposals will be on the agenda of the board meeting. The company will consider recommending a dividend and a proposal for enabling employee stock option plan for eligible employees.
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Further, it will also seek approval for raising additional funds through the issue of equity shares, through the rights issue or any other permissible mode.

More to come...