Bathroom solutions provider Cera Sanitaryware Ltd has 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 5 each against every 1 (One) equity share of Rs 5 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 company recommended dividend of Rs. 2.50 (50%) per fully paid-up equity share of Rs 5 each.
Share’s Data :-
BSE Code : 532443
Market Cap : Rs 163.64 Crores
Cera Sanitaryware Ltd share’s CMP is Rs 259.75 on 21st July 2010.
Source :- BelltheBull