24 Sep 07 GAIL India Bonus Issue : GAIL India to issue bonus shares

There were rumours today that GAIL India was likely to issue bonus shares. The bonus issue rumours in the Gail counter today propelled gail to a record high. As per the rumours the issue of bonus shares was discussed at the meeting of inter ministerial comittee (IMC). As per the rumours, DPE guidlines stated that the central government owned public sector enterprises having reserves and surplus of more than three times of their paid up capital are expected to declare bonus shares to their shareholders. Since GAIL meets these guidelines, the board of Gail is likely to come out with an issue of bonus shares.

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Reader's Comments

1. vidya | 04 Oct 2007 3:00 am

   I wish if u could inform aboout the date by which final payment of icici part payment shares is to be made.

2. Sachin | 13 Dec 2007 1:33 pm

   alchemist realty bonus issue record date?

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