Wednesday, May 21, 2008

HDIL Board declares Bonus shares

HDIL Board which declared the results today also approved Bonus Issue & recommends final dividend as follows.

1. Payment of Final Dividend of Rs 3/- per share.

2. Issue of Bonus Shares in the proportion of 2 (two) new equity shares for every 7 (seven) equity shares held.

But sorry the investors where not happy with the result and also bonus and the stock is down by 30 rs.

Rohit

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