The board of lgarashi Motors India will meet on Wednesday to consider first quarter results for the period ended June 2018.

Besides, the board will also mull issue of bonus shares to existing public shareholders except promoter/promoter group of the company to attain the minimum public shareholding of 25 per cent.

Currently, promoters hold 77.12 per cent stake in the company. Shareholders will eye the bonus ratio besides the financial performance of lgarashi Motors.