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Micro Technologies (India) board recommends bonus shares

24 May 2012 Evaluate

Micro Technologies (India) has informed that the board of directors of the company at its meeting held on May 23, 2012, has considered and recommended for approval of the shareholders in the annual general meeting for the issue of bonus shares in the ratio of 1:1 to shareholders of the company, in accordance with the provisions of Chapter IX of the SEBI (Issue of Capital & Disclosure Requirements) Regulations, 2009.

The above information is part of company’s filing submitted to the BSE.

Peers
Company Name CMP
TCS 2410.00
Infosys 1140.00
HCL Technologies 1376.60
Wipro 194.50
Tech Mahindra 1765.40
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