Rajesh Exports board approves Bonus and Stock Split

Rajesh Exports Board of directors in their meeting held on 22nd October 2007, have approved the Bonus issue and the Sub division of the shares.

The Board have announced 2:1 Bonus issue that is 2 Bonus shares for every 1 equity share held and a 2:1 Stock split. The record date for the Rajesh Exports Bonus and Stock Split is not yet decided and the company will take necessary approvals from the share holders of the company, in the upcoming Annual General Meeting.

The Stock Prices of Rajesh Exports gained today based on the Bonus and Stock split news.