Jolly Board’s Board recommends Bonus Issue & dividend
Jolly Board Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 28, 2008, inter alia, has transacted the following:
1. Recommended Dividend of 140% on Equity Shares of Rs 10 each.
2. Recommended Dividend of 10% on Preference Shares of Rs 10 each.
3. Recommended Issue of Four Bonus Equity Shares of Rs 10/- each fully paid for One existing Equity shares of Rs 10/- each fully paid.
4. Decided NOT TO CHANGE the face value of Equity Shares from Rs 10 to Rs 1.
5. Decided to increase Authorised Share Capital to Rs 25 Crores.
Tags: Jolly Board