Optical cables provider Opto Circuits today said it will issue seven bonus shares for every 10 shares held in the company, in addition to payment of 50 per cent dividend.


</p><tr><td><p class='TableClas'></p><P class='TableClas'><DIV CLASS=rightDiv><script language="JavaScript">
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		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>The board has recommended to issue seven shares for every 10 held subject to approval of the shareholders. Further, it has declared a dividend of 50 per cent, at the rate of Rs 5 on every share of face value of Rs 10, Opto Circuits said in a filing to the BSE.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </P>
</p><p class='TableClas'>Shares of Opto Circuits closed at Rs 344.55, up 3.56 per cent on the BSE. </P></p><p class='TableClas'></p></table>


Opto recommends dividend and bonus

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