Hind Rectifiers Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 24, 2008, inter alia, has recommended the following:
1. Issue of Bonus Equity Shares in the ratio of one Equity Share for each Equity Shares held.
2. Dividend of 100% i.e. Rs 2.00 per share.
Hind Rectifiers Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on June 24, 2008, inter alia, to consider the following agenda :
1. To approve and take on record the Audited Financial Results of the Company for the year ended March 31, 2008.
2. To recommend Dividend subject to the approval of Shareholders for the year ended March 31, 2008.
3. To consider issue of Bonus Shares.
4. To finalize the date of Book closure and Annual General Meeting.
5. To discuss the General Working of the Company.