Financial Daily from THE HINDU group of publications
Thursday, November 17, 2005
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Financial Daily from THE HINDU group of publications Thursday, November 17, 2005 |
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News Update as at 17.00 hrs (IST)
Info-Tech MUMBAI: Netlink Solutions India Ltd has decided to issue bonus shares in 2:1 ratio to its shareholders. The EGM on Thursday approved the issue of two bonus shares for every one equity share held by the shareholders, the Mumbai-based company informed the Bombay Stock Exchange. The meeting also approved a stock split in 1:10 ratio, where equity shares of Rs 10 per share would be split into ten shares of Re 1 each, it added. The decision to increase the authorised share capital of the company to Rs 3 crore from Rs 1 crore has been approved as well. - PTI
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