The board of directors of Ultracab (I) will meet on Monday to consider an issue of bonus shares. The board will also consider and approve the Director’s Report along with annexures thereto for financial year ended March 31, 2016, and the increase in authorised share capital. It will also consider migration of its stock from the BSE SME Platform to the BSE Main Board. Analysts and traders will closely monitor the developments, particularly those related to bonus and capital.