Shanthi Gears board sets one for one bonus - BSE

Newswire

BOMBAY, May 24 (Reuters) - The board of auto parts maker Shanthi Gears Ltd has decided to issue bonus shares in the ratio of one for every one share held, the Bombay Stock Exchange (BSE) said on Monday. The exchange said the board has approved the subdivision of equity shares to a face value of one rupee each from ten rupees.

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