English Indian Clays Bonus and Stock Split and Dividend

English Indian Clays Ltd has informed the market that the company on the meeting that was held on May 18th , it has recommended the following items for approval which will be made at the Annual General Meeting to be held on June 29, 2010:-

>Final dividend of Rs. 5/- per Equity Share of Rs. 10/- each. An interim dividend @ Rs. 5/- per Equity Share has already been paid by the Company during the year.
>Stock Split from 1 (one) Equity Share of Rs. 10/- each fully paid up into 5 (five) Equity Shares of Rs. 2/- each fully paid up.
>Bonus Shares in the ratio of 5:4 i.e. issue of 5 Equity Shares of Rs. 2/- each for every 4 Equity Shares of Rs. 2/- each held.

English Indian Clays Bonus and Stock Split and Dividend is a post from: First Blog for Indian Financial Market

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