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. MMTC’s board also recommended a dividend of Rs 9 per share for the year ended March 2010. Meanwhile, MMTC said its audited net profit rose 54.21% to Rs 216.24 crore on 22.62% increase in total income to Rs 45,213.89 crore in the year ended March 2010 over the year ended March 2009. Government of India owns 99.33% stake in MMTC.
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DEar SIr
Today i have brought 1 share of mmtc.
which record date.tel me as on my mail address.
as soon as possiable.
Rauf shaikh
9909368376