Brady & Morris EGM approves bonus shares

Brady & Morris Engineering Company Ltd has announced that the members at the Extra Ordinary General Meeting (EGM) of the Company held on November 24, 2006, have resolved that a sum of Rs 75,00,000 out of credit balance standing in the Profit & Loss Account of the Company be capitalised and set free for distribution amongst the shareholders registered as on record date as may be fixed by the Board for issue and allotment of 7,50,000 fully paid BONUS EQUITY SHARES of Rs 10 each amongst such shareholders in the ratio of 1 new equity share for every 1 existing issued equity share.

Source : Equity Bulls

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