Recommended Issuance of Bonus Share by way of capitalization of reserves, in ratio of 1:1 i.e. 1(one) new fully paid up Equity Shares of Rs. 5/- each for every 1(one) existing fully paid up Equity Shares of Rs. 5/- each held by eligible shareholders as on Record Date, subject to shareholders as on Record Date, subject to shareholders approval and any other applicable regulatory and statutory approvals