Showing posts with label Bonus Shares. Show all posts
Showing posts with label Bonus Shares. Show all posts

Tuesday, January 20, 2009

Exdon Trading Company Allots Equity Shares - Jan 20, 2009

The board of Exdon Trading Company has allotted bonus issue of equity shares of Rs 10 each fully paid up at a proportion of two equity shares for every one equity shares held by the equity shareholders of the company as on record date i.e. 12 January 2009.

Friday, March 14, 2008

Siemens - Allotment Of Bonus Shares

Siemens Ltd has informed that the Committee of Directors for Allotment of Bonus Shares at its meeting held on March 12, 2008, has allotted 168,580,100 Equity Shares of Rs 2 each fully paid-up as Bonus Shares to 165,176 Shareholders of the Company in the ratio of 1:1 (i.e. One Bonus share for every share held).

Consequent to the allotment of the Bonus Shares, the paid-up share capital of the Company has increased from 168,580,100 Equity Shares of Rs 2 each fully paidup aggregating Rs 337,160,200 to 337,160,200 Equity Shares of Rs 2 each fully paidup aggregating Rs 674,320,400.

The shareholders, who held equity shares of the Company on the Record Date i.e. March 03, 2008 are eligible for Bonus Shares.

Monday, February 18, 2008

Reliance Power Board To Consider Issuing Free Bonus Shares

Reliance Power Ltd on February 17, 2008 has announced that a meeting of the Board of Directors of the Company will be held on February 24, 2008.

Reliance Power Board will inter alia consider a proposal for issuing free bonus shares to all categories of shareholders, excluding the promoter group (comprising of Reliance Energy Ltd. and the ADA Group), and / or other measures, which will result in reduction of the cost of Reliance Power Ltd. shares below the IPO price of Rs 430 per share for retail investors, and Rs 450 per share for institutional and other categories of investors.

Reliance Powers IPO closed on January 18, 2008, receiving an overwhelming and record breaking response, with commitments of nearly Rs 7,50,000 crore (USD 190 billion), from nearly 500 institutional investors across the globe, and 5 million retail investors. The sheer scale and unprecedented magnitude of the response clearly reflected the pricing of the IPO as being in line with prevailing valuation benchmarks and market sentiments.

However, subsequent to the closing of the IPO, the global and Indian equity markets have suffered an extra-ordinary meltdown, with all benchmark indices down 15% - 20%, and leading Indian stocks down by an even greater range of 20% - 40%.

In line with this global trend, the Reliance Power stock price has closed below the IPO price, since listing on February 11, 2008.

From the time of opening of the Reliance Power IPO on January 15, 2008, the Sensex is down 13%, while the Reliance Power stock is down 11% from the IPO price for retail investors, and 15% for other categories of investors.

The decline in the Reliance Power stock price has been compounded by:

- a vicious and orchestrated campaign of market manipulation and market abuse

- unleashed by unscrupulous rival corporate interests

- to hammer down all Reliance ADA group stocks

- in an attempt to undermine our fair name and reputation, and- cause losses to millions of genuine investors.

Thursday, February 14, 2008

Rajesh Exports - Allotment Of Bonus Shares

Rajesh Exports Ltd has informed that the Board of Directors of the Company at its meeting held on February 13, 2008, has approved the allotment of 147814000 equity shares of Re 1/- each of the Company as Bonus Shares by Capitalization of the profits to all the shareholders of the Company whose names appeared on the Register of Members of the Company on the record date of February 05, 2008.