05 Dec 07 Binayak Tex Processors Bonus Issue to be conidered

Binayak Tex Processors LimitedÃ‚Â has informed the stock exchanges that the board of Binayak Tex Processors will meet on Monday, December 10, 2007 to consider an issue of bonus shares to the equity shareholders of the company. The proposed Bonus Issue ratio is 8:1. Yes, you read it right, Binayak Tex Processors will issue 8 bonus shares for every 1 share held. A very liberal bonus issue indeed. The paid up share capital of Binayak Tex Processors will be 8 times its current size once the bonus issue is made. Binayak Tex Processors Bonus Issue record date will be updated here once it is announced by the company.

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