Royal Merchant Banking and Finance Ltd will distribute 10 per cent bonus shares, two per cent cash dividends and rights shares in the ratio of 1:1. According to a press statement issued on Sunday by the bank, it will distribute bonus shares at the rate of 10 per cent of the total paid up capital to all of its shareholders, an amount that is equal to Rs 12.1 million, and also cash dividends to the tune of Rs 24 lakh.
Source: THT
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Thursday, November 13, 2008
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