Bhuwalka Steel Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2011, inter alia, transacted the following :1. Dividend has not been recommended for the year March 31, 2011.2. Approved Issue of Bonus Shares in the proportion of 1 fully paid up equity share of Rs. 10/- each for every 1 fully paid up equity share of Rs. 10/- each issued subject to the approval of shareholders.Source : BSE
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