Hi-Tech Gears Fixes Record Date for Bonus Shares

by khalid on 24/11/2010 · 0 comments

Auto component maker Hi-Tech Gears Ltd has informed the share market (BSE) that the Board of Directors of the company has fixed 2nd December 2010 as Record Date for the purpose of determination of Members who are entitled to receive the Bonus Shares. This was decided by the company at its meeting held on 22nd November 2010. The company is going to issue bonus shares at the rate of one fully paid bonus share of Re. 10/- each for every one existing shares of Re. 10/- each on the Record Date 2nd December 2010.

Share’s Data :-
BSE Code : 522073
Mkt. Cap: Rs 238.48 Crores
Hi Tech Gears Ltd. share’s CMP is Rs 253.70 on 23rd Nov 2010.

Hi-Tech Gears Ltd is engage in the manufacture and sale of gears and transmission components in India and internationally. Its products include transmissions gears and shafts for two wheelers and four wheelers, timing gears for diesel engines and power generators and precision forgings etc.

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