The board of Golden Legand Leasing & finance in its meeting on 09 June 2012 has approved the bonus issue at a proportion of one equity share for every one equity share held by the equity shareholders of the company.
The board has decided to increase the authorised share capital in the extraordinary general meeting of the company from Rs 3 crore to Rs 5 crore.
Further, the board has decided to convene extra-ordinary general meeting on 05 July 2012.