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Frick India: Proposed Bonus Issuance of Shares

The Company in its postal ballot, proposed a Bonus issuance of shares pursuant to Board & Shareholder approvals.

Bonus Details:

The bonus issue of shares will be made in the ratio of 9:1 i.e. 9 (Nine) fully paid up Equity Shares for every 1 (One) Equity Shares held by the shareholders.

The Record Date will be determined by the Board of Directors after approval of this resolution by shareholders in the annual general meeting.