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Adi Finechem board recommends issue of bonus shares in a ratio of 1:5

28 May 2012 Evaluate
Adi Finechem has informed that the Board of Directors of the Company at its meeting held on May 26, 2012,have recommended issue of Bonus shares in ratio of 1:5 (i.e. 1 share for every 5 share held) subject to the approval of shareholders in the ensuing general meeting of the Company.
 
The above information is part of company’s filing submitted to the BSE.

Peers
Company Name CMP
Godrej Industries 1097.05
SRF 2554.55
BASF India 3548.65
Pidilite Inds. 1572.00
Tata Chemicals 667.00
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