Mac Charles India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 28, 2011, inter alia, considered / approved the following decision1. The Board recommend 120% dividend i.e., Rs. 12/- per share on the equity share capital of Rs. 6.55 crores divided into 65,50,526 equity shares of Rs. 10/- each, for the Financial Year 2010-11, subject to the approval of the Members at the Annual General Meeting.2. The Board recommend to issue of Bonus shares in the ratio of 1:1 (one equity share for every one equity share held, of face value of Rs. 10/- each of the Company), subject to the approval of the Members at the Annual General Meeting.Source : BSE
