Bonus Issue
MMTC Bonus Issue and Stock split
MMTC board recommended a 10-for-1 stock-split and a liberal 1:1 bonus issue. MMTC had announced a board meeting for bonus issue and stock-split after market hours on 14 June 2010. Since then, the stock had risen 14.06% in ten sessions to Rs 32536.55 on Monday, 28 June 2010, from Rs 28525.15 on 14 June 2010. [...]
Record date – Marathon Nextgen Realty Bonus Issue
Marathon Nextgen Realty has fixed 07 July 2010 as the record date for the purpose of issue of bonus shares of the company in the proportion of one equity share of Rs. 10 each for every two equity shares of Rs. 10 each held by the shareholders.
Setco Automotive Bonus Issue
Setco Automotive rose 2.15% to Rs 254 after the company’s board recommended a liberal 1:1 bonus issue. The small-cap auto component maker has an equity capital of Rs 8.82 crore. Face value per share is Rs 10.
This is company’s maiden bonus issue. The board also recommended a dividend of Rs 3 per share for the [...]
Zenith Birla Bonus Issue
Zenith Birla (India) jumped almost 16% to Rs 28 after the company’s board declared a 1:5 bonus issue to commemorate Golden Jubilee year of the company.
The company’s equity capital is Rs 108.10 crore. Face value per share is Rs 10.
Zenith Birla (India)’s board also recommended a final dividend of Rs 2 per share for [...]
ITC Bonus Issue of 1:1 Approved
ITC will complete a 100 years in August 2010. Acknowledging the unstinted support of shareholders who have steadfastly stood by the Company through this inspiring voyage of growth and transformation, the Board of Directors today proposed a centenary issue of ITC Bonus shares in the ratio of 1:1, subject to shareholders’ approval at the Annual [...]
Record Date – Orbit Corporation Bonus Issue
Orbit Corporation rose 1.28% to Rs 261 at 11:32 IST ahead of 30 June 2010 record date for a liberal 1:1 bonus issue. Orbit Corporation’s net profit surged 228.90% to Rs 19.37 crore on 85.90% increase in net sales to Rs 86.47 crore in Q4 March 2010 over Q4 March 2009. The mid-cap realty developer [...]
Record Date – Kansai Nerolac Paints Bonus Shares
Kansai Nerolac Paints has fixed 24 June 2010 as the record date for determining the members who would be entitled to the bonus shares to be issued by the company in the proportion of 1 equity share for every 1 equity share held in the company.
