Shree Ashtavinayak allots 632467240 Bonus Shares

Shree Ashtavinayak Cine Vision Ltd has announced that the Board of Directors of the Company at its meeting held on February 03, 2010, inter alia, has resolved to allot and issue 63,24,67,240 fully paid-up bonus shares of Re. 1 each to those members whose names appear in the register of members as on February 02, 2010, record date fixed for the purpose of the bonus issue.

The stock was trading at Rs.29.35, up by Rs.1.55 or 5.58%. The stock hit an intraday high of Rs.30.30 and low of Rs.27.30.

The total traded quantity was 4414456 compared to 2 week average of 2750652.

Source : Equity Bulls

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