Financial Daily from THE HINDU group of publications
Wednesday, Jun 15, 2005
Financial Daily from THE HINDU group of publications Wednesday, Jun 15, 2005 |
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HCV/LCV/Tractors Corporate - Bonus Announcements M&M to issue 1:1 bonus Our Bureau
Mumbai, June 14 The M&M board on Tuesday recommended a bonus share issue for its shareholders in the ratio of 1:1, that is, one bonus share for every one ordinary share of the company held. It also recommended an increase in the company's authorised share capital from Rs 200 crore to Rs 300 crore. On the BSE, M&M's stock closed at Rs 548.60, up from the previous close of Rs 546.30.
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