Navoday Enterprises Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 01/12/2022 ,inter alia, to consider and approve the allotment of 38,54,000 Bonus Equity Shares of Rs.10/- each in theratio(1:1)(One new equity share for every One existing equity shares held in the Company), tothe eligible members whose name appears in the register of members/list of beneficial ownersas on the Record Date i.e. November 29, 2022 being fixed for the purpose.