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IT firm Hexaware Technologies on Wednesday said that its board has approved allotting one bonus share for each equity share held by investors in the company.
The Capital Issue Committee of the Board at its meeting held on March 2, approved the allotment of bonus shares in ratio 1:1 as approved by shareholders at the Extra-Ordinary General Meeting held on February 15, 2011, the company said in a filing to the Bombay Stock Exchange.
The shares of the company closed at Rs 54.95, up by 3.58 per cent from its previous close, on March 1.
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