Sanraa Media Board approves 5:4 Bonus Issue
Sanraa Media had made an bonus issue announcement on 4th Jan. It has announced that the Company is marching into its 15th Year of incorporation. To mark this entry into the 15th year, the board has Considered and proposed, subject to the approval of the Shareholders and other statutory authorities, issue of Bonus Shares in the ratio of five equity shares of the Company of Re 1/- each for every four equity shares held by the Shareholders of the Company as on the Record Date to be fixed later for this purpose.
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Comments
Here are the financial details for you: http://www.bloombergutv.com/stock-market/stocks/quote/13163/sanraa-media-ltd.html
but there is no mention about the financials or opinion / recommendation.