Crompton Greaves Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 28, 2010, inter alia, has approved the following: 1. The Board of Directors have declared an interim dividend of 70% i.e. Rs. 1.40 per share. 2. The Board of Directors have recommended issue of Bonus Shares in the proportion of 3 (Three) new Equity Shares for every 4 (Four) Equity Shares, of Rs. 2/- each, subject to approval of Members in General Meeting and the Regulatory Authorities, as necessary. The Extra-ordinary General Meeting of the Company, to seek Members'' approval for issue of Bonus Shares has been convened on February 24, 2010.
Source: BSECourtesy moneycontrol.com
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