Stocks

RITES announces bonus shares

| Updated on June 24, 2019 Published on June 24, 2019

The board of directors of RITES on Monday approved the issuance of fully paid-up bonus shares in the ratio of 1:4 (i.e. one share for every four shares held), subject to approval by shareholders in the ensuing Annual General Meeting. Shares of RITES slipped 2.16 per cent at ₹276.55 on the BSE.

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Published on June 24, 2019
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