 "Dishman Pharma gains on fixing record date for bonus")
Dishman Pharmaceuticals & Chemicals was trading higher by 4% to Rs 356 on the BSE after the company fixed May 03, 2016 as the record date for entitlement of bonus shares to shareholders in the ratio of 1:1.
“The management committee of board of directors of the company have approved and fixed May 03, 2016 as the record date for the purpose of deciding the members who shall be eligible for allotment of the bonus shares in the proportion of 1 bonus equity share of Rs 2 each, for every 1 fully paid-up Equity share of Rs 2 each,” Dishman Pharma said in a filing.
The stock hit a high of Rs 358 on BSE so far. A combined 491,909 shares changed hands on the counter on the BSE and NSE till 10:04 am.
“The management committee of board of directors of the company have approved and fixed May 03, 2016 as the record date for the purpose of deciding the members who shall be eligible for allotment of the bonus shares in the proportion of 1 bonus equity share of Rs 2 each, for every 1 fully paid-up Equity share of Rs 2 each,” Dishman Pharma said in a filing.
The stock hit a high of Rs 358 on BSE so far. A combined 491,909 shares changed hands on the counter on the BSE and NSE till 10:04 am.
