Bajaj Auto declares 1:1 Bonus Shares

by khalid on 22/07/2010 · 0 comments

Bajaj Auto ltd is India’s leading two wheeler manufacturers. The company informed the market(BSE) that the Board of Directors of the Company have decided to issue bonus shares in the ratio of 1:1 on the record date which would be announced shortly. All the share holders who will be on roll of the company on record date will be eligible to receive 1 (One) equity shares of Rs 10 each against every 1 (One) equity share of Rs 10 each held by them. The Bonus shares when issued shall be in all respect rank pari passu with the existing fully paid Equity Shares of the company.

The record date for the bonus issue will be soon announced here.

Share’s Data :-
BSE Code : 532977
Market Cap : Rs 36,033.19 Crores
Bajaj Auto Ltd. share’s CMP is Rs 2,490.20 on 22nd July 2010.

Source :- BelltheBull

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