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BSE/NSE NOTES
Cheviot Company has recommended the issue of bonus shares in the ratio of one share for every two existing shares held. The board has recommended a dividend of 100 per cent (Rs. 10 per share) for the year ended March 31, 2006.
Exide Industries has recommended sub-division of the equity shares of the company of the face value of Rs. 10 each to the face value of Re. 1 each for approval of the members at the 59th annual general meeting on July 21.
Reliance Communication Ventures' name will be changed to Reliance Communications and the trading symbol of the company is to be changed from RCVL to RCOM from June 30.
Khaitan Chemicals has informed the Exchange that the BIFR has approved the scheme of amalgamation of Mahadeo Fertilizers with the company vide order dated April 12. The members of the company have approved the merger at the EGM held on May 10.
Dividends
Rolcon Engineering:<243>Rs. 3.80 (38 per cent); JJ Exporters: Rs. 2 (final); Bombay Rayon Fashions: Re. 1 (10 per cent).
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