Financial Daily from THE HINDU group of publications
Wednesday, Jan 05, 2005
Financial Daily from THE HINDU group of publications Wednesday, Jan 05, 2005 |
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Corporate
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Bonus Announcements LCC Infotech board okays 1:1 bonus Our Bureau
Kolkata, Jan. 4 THE board of directors of LCC Infotech Ltd, which met here today, has proposed to issue bonus shares in the ratio of one equity share for every equity share held. An extraordinary general meeting of the company's shareholders has been convened on February 1 for approval of the proposed bonus issue. According to Mr Sidharth Lakhotia, Chief Operating Officer and Director of LCC Infotech Ltd, following the issue of bonus shares, the paid-up equity capital of the company will go up to Rs 50 crore from Rs 25 crore at present.
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