Jeet Machine Tools Ltd has announced that the Board of Directors of the Company at its meeting held on November 21, 2006, inter alia, has considered and approved allotment of an aggregate of 17,15,000 Bonus Shares in the ratio of Seven Equity Shares of Rs 10/- each against every One existing Equity Shares of Rs 10/- each fully paid up to the holders of existing equity shares of the Company whose names appear in the Register of Members of the Company on the Board Date determined for the purpose.