Tata Group company TRF announces 1:1 stock bonus…
TRF Ltd, a Tata group company engaged in bulk material handling, has announced a 1:1 bonus issue. The company’s board of directors approved the issue at a meeting on June 16, 2009.
Shares of TRF are locked at 5% upper circuit to Rs904.05 after the company announced that the board has approved bonus issue in the ratio of 1:1.
The scrip has touched an intra-day high of Rs904.05 and a low of Rs848 and has recorded volumes of over 53,000 shares on BSE.
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