Monotona Securities approves bonus share in the ratio 4:5

Monotona Securities Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 18, 2011., inter alia, taken on record the following decisions :1. To insert new article No. 25 for power to issue bonus shares in the Articles of Association of the Company.2. To make a bonus Issue at a proportion of four equity shares for every five equity shares held by the equity shareholders of the Company subject to shareholder's approval in Extra Ordinary General Meeting of the Company.3. To increase of the Authorized Share Capital in the Extra Ordinary General Meeting of the Company from Rs. 6,00,00,000 (Rupees Six Crore Only) to Rs. 9,35,00,000 (Rupees Nine Crore Thirty Five Lakhs Only) and amend Clause V of Memorandum of Association and Article 3 of Articles of Association of the Company.4. The company fixes April 18, 2011 for convening Extra Ordinary General Meeting at the registered office and draft notice for the Extra Ordinary General Meeting is duly approved.Source : BSE