Valecha Engineering fixes record date for bonus issue
Valecha Engineering fixes record date for bonus issue
Valecha Engineering informed that, it fixed Oct. 05, 2007 as the record date for the purpose of determining bonus shares.
The board of directors of Valecha Engineering, earlier recommended a bonus in the ratio of 1 share for every 2 shares held. The above decision was taken at the board meeting held on Jul. 30, 2007.
The company registered 47.89% growth in net profit at Rs 35.76 million for the quarter ended June 2007 from Rs 24.18 million for the quarter ended June 2006.
Shares of the company were last trading down Rs 2.00, or 0.70%, to Rs 284. The total volume of shares traded was 351 at the BSE. (10.12 a.m, Tuesday)
