Jetking Infotrain Board recommends bonus issue

Jetking Infotrain Ltd has announced that the Board of Directors of the Company at its meeting held on June 20, 2007, inter alia, has transacted the following:

1. Proposed issue of bonus shares in ratio of 1:1 i.e. one new fully paid up equity share of Rs 10/- for every existing share of Rs 10/-.

2. Decided to treat the 1st interim dividend of Rs 6/- per share and 2nd interim dividend of Rs 8/- per share declared on July 31, 2006 and January 24, 2007 respectively as the final dividend.

The stock was trading at Rs.575, down by Rs.21.85 or 3.66%. The stock hit an intraday high of Rs.626.65 and low of Rs.568. The total traded quantity was 14198 compared to 2 week average of 12409.

Source : Equity Bulls

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