Housing Development & Infrastructure Ltd (HDIL) has informed BSE that the Board of Directors of the Company at its meeting held on May 21, 2008, inter alia, has considered and approved following matters subject to approval of the shareholders:
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.
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