La Opala to issue 1-for-1 bonus share

La Opala RG Ltd, manufacturer of hand crafted crystal ware, on Wednesday said it will issue bonus shares in the ratio of 1:1 to its shareholders.

By PTI | Aug 02, 2006, 01.10 PM IST

MUMBAI: La Opala RG Ltd, manufacturer of hand crafted crystal ware, on Wednesday said it will issue bonus shares in the ratio of 1:1 to its shareholders.

The board of directors has recommended a bonus issue of one equity share for every one existing share held, subject to shareholders' approval, the company informed the Bombay Stock Exchange.

Shares of the company were trading at Rs 103.50, up 3.24 per cent at the BSE.

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