ITC Ltd. declared Centenary Bonus Share Issue of 1:1

by khalid on 29/06/2010 · 1 comment

ITC Limited, a multi-business conglomerate, has diversified presence in Cigarettes, Hotels, Specialty Papers, Packaging, Paperboards, Agricultural Business. 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 to celebrate their centenary year. On the Record Date which would be announced shortly, all the existing share holders who will be on roll of the company will be eligible to receive 1 equity shares of Rs 1 against every 1 equity share of Rs 1 held by them. The bonus is subject to shareholder’s approval at the annual general meeting to be held on 23 July, 2010.

Share’s Data :-
BSE Code : 500875
Mkt. Cap: Rs 113,610.54 Crores
P/E: 28.41
EPS: Rs 10.64 in Mar 2009
Face Value : Rs 1
Last bonus : 1:1 in Jun 2010
Last dividend : 1000% in May 2010
ITC Ltd. share’s CMP is Rs 297.55 on 28th Jun 2010.

Source: Bell the Bull

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