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Sameera Agro and Infra Ltd

Industry : Food - Processing - Indian

BSE Code

ISIN Demat

Book Value()

91892

INE0PZA01015

77.3610173

NSE Symbol

P/E(TTM)

Mar.Cap( Cr.)

SAIFL

10.18

109.15

EPS(TTM)

Face Value()

Div & Yield %:

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U Y Fincorp Ltd

Sameera Agro and Infra Ltd - Bonus

Aug 26,2024

With reference to the above subject, we wish to inform you that the Board of Directors of the Company at their meeting held on Monday, i.e. 26th August, 2024 has considered and approved the following:1) As part of growth strategy, the diversification and expansion plans of the company to diversify into Distillery business which has already been under execution is being reviewed in a bid to ensure expansion plans for increase of production capacity of Distilleries are also properly aligned to further strengthen the growth plans of the company. Hence Board has reviewed the need of expansion plans in detail and approved in principle of the same. Further Mr. Satya Murthy Sivalenka, Managing Director and CEO of the Company is authorised to work out nitty-gritties of the expansion plans and submit to the Board in the next meeting for final approval. In view of the aforesaid expansion plans, for fuelling the growth, business matters incidental there to such as fund-raising programmes, Increase of Authorised share capital are also reviewed and decided to include same in business of AGM for the approval of the shareholders.2) Approved the Notice of 23rd Annual General Meeting convened to be held on 25TH September, 2024, at 11.00 A.M. through VC/OVAM.3) Approved Issue of Bonus Shares by way of capitalization of reserves, to the equity shareholders of the Company in the ratio of 4:1 i.e., 4 (Four) new fully paid-up Equity Shares of Re. 10/- (Rupee Ten only) each for every 1 (One) existing fully paid-up Equity Share of Re. 10/- (Rupee Ten only) each held by the eligible shareholders as on the Record Date (to be determined by the Board) subject to the approval of the shareholders of the Company. The aforesaid decision of the Board in respect of Bonus issue shall come into force only upon approval of shareholders.Detailed information as required under Regulation 30 of the SEBI (LODR) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-l/P/CIR/2023/123 dated 13 July 2023 is enclosed as Annexure A .4) Fixed the Book Closure from 18.09.2024 to 25.09.2024.5) Fixed the E-voting cut-of-date for eligibility to participate in the E-voting is 18.09.20246) Mr. SVN Charyulu, Company Secretary (M. No:4768, CP No: 5981) appointed as Scrutinizer for the purpose of remote E-voting as well as E-voting at AGM.