Ganon Trading & Finance Company Ltd has announced that the Board of Directors of the Company at its meeting held on September 16, 2010, have approved the allotment of 52,000 Equity Shares of Rs. 10/- each as bonus shares at par to shareholders (except promoters and promoter group) in the ratio of 2 Equity Shares of Rs. 10/- each fully paid up for every existing 1 Equity Share held on the Book closure date determined.