Chamatkar.Net Board recommends bonus issue & stock split

Chamatkar.Net India Ltd has announced that the Board of Directors of the Company at its meeting held on October 31, 2006, inter alia, has transacted the following:

1. Recommended bonus to equity shareholders of one share for every two shares held.

2. Recommended split of equity shares of Rs 10 each into equity shares of Rs 1 each.

3. Recommended 6% interim dividend on Preference Shares for current fiscal and to redeem the said Preference Shares on or before March 31, 2007 subject to the approval of shareholders.

Source : Equity Bulls

Keywords