22 Oct 07 Rolta India Bonus Issue and Axon Infotech Bonus Issue Details
Both the Rolta India Bonus Issue and the Axon Infotech Bonus Issue were approved today. The board of Rolta India has recomended a liberal bonus issue in the ratio of 1:1 (1 bonus share for every 1 share held). The record date for the Rolta India bonus issue has not yet been announced. Meanwhile, Axon Infotech has informed the stock exchanges that the shareholders of Axon Infotech have approved the issue of bonus shares in the previous AGM. Last month, the board of Axon Infotech had pleasantly suprised the shareholders by announcing a very liberal 3:1 bonus issue (3 bonus shares for every 1 share held).
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