Bharat Forge announced that Krishnan Iyer, President & COO, Component Business Unit and Senior Management Personnel (SMP) of the Company has tendered his resignation from the services of the Company.
The resignation has been accepted by the Company as of 20 January 2025. His last working day in the organization will be 02 April 2025.
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Kitex Garments has allotted 13,30,00,000 fully paid-up Bonus Equity Shares of the face value of Re 1 each in the ratio of 2:1, i.e, 2 (Two) new Bonus Equity Shares of Re 1 each for every 1 (One) existing Equity Shares of Re1 each fully paid-up, held by the shareholders of the Company as on the record date i.e. 17 January 2025.
Consequent to the aforesaid allotment, the paid-up equity share capital of the Company stands increased to Rs 19,95,00,000 divided into 19,95,00,000 equity shares of Re 1/- each.
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