Kirloskar Oil EGM approves Bonus Issue, fixes record date

Kirloskar Oil Engines Ltd has announced that the members at the Extra Ordinary General Meeting (EGM) of the Company held on September 12, 2007, have passed the resolutions to increase the Authorized Capital and issue of Bonus Shares.

The company has fixed October 27, 2007 as the Record Date for the issue of bonus shares to the shareholders of the Company.

The stock closed the day at Rs.319.40, down by Rs.0.55 or 0.17%. The stock hit an intraday high of Rs.323.10 and low of Rs.317.60. The total traded quantity was 10052 compared to 2 week average of 11519.

Source : Equity Bulls

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