OTCO International allots 518624 shares

OTCO International Ltd has announced that the Board of Directors of the Company at its meeting held on January 29, 2008, inter alia, has allotted Bonus Shares as per the resolution passed by the Shareholders at the Annual General Meeting held on September 27, 2007, to allot 5,18,624 Equity shares of Rs 10 each at par in proportion of one new share for every four equity shares held by the existing shareholders on the record date.

Source : Equity Bulls

Keywords