20 Sep 07 Ashapura Minechem Bonus Issue approved

The Ashapura Minechem bonus issue has been approved today. The shareholders of Ashapura Minechem, today approved the issue of bonus shares. A few weeks back the board of Ashapura Minechem had recommended an issue of bonus shares to the shareholders of Ashapura Minechem in the ratio of 1:1 (1 bonus share for every 1 share held in the company). The Ashapura Minechem share prices were up by 5% after the announcement was made.

Ashpura Minechem to issue bonus shares

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