Ashirwad Capital Recommends Bonus Issue

At today’s Board meeting Ashirwad Capital Recommendation for the Bonus Issue of Equity Shares in the proportion of 1 (One) Equity Shares of Rs. 1/- each for every 2 (Two) Equity Shares of Rs. 1/- each held by
shareholders of the Company as of the record date, subject to the approval of shareholders of the Company.

Shares of Ashirwad Capital Limited were last trading in BSE at Rs. 6.08 as compared to the previous close of Rs. 6.14.

Business Overview:

Company is a Non-Systematically Important Non-Deposit Taking Non-Banking Finance Company. It makes investments in shares and securities. Apart from this, the company is also in the business of manufacturing Carvings of Precious and semi-precious stones, paintings, jewellery, etc. The company also receives compensation against property.


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