CMC Limited has informed the share market (BSE/NSE) that the Board of Directors of the Company recommended the issue of bonus shares In the ratio of 1:1 that is one (1) equity share of Rs. 10.00 each fully paid up for every existing One (1) equity share on the Record date which will be announced later. Subject to approval of members of the Company at the Annual General Meeting.
The company also recommended a dividend of Rs. 20 per equity share (200% on an equity shares of par value of Rs. 10).
Share’s Data :
BSE Code : 517326
Mkt. Cap: Rs 3,289.28 Crores
CMC Ltd. share’s CMP is Rs 2,164.00 on 19th Apr 2011.
Stay tuned to BelltheBull Blog for more news on CMC Limited !Google+