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| Nse Corporate Announcements | Back |
| Oil & Natural Gas Corporation Limited - Bonus/Share split/Dividend | |
| Oil & Natural Gas Corporation Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on December 16, 2010 have : (1) Approved a Special Interim dividend of Rs. 32 (Rupees Thirty two) per share of Rs. 10/- each fully paid up for the Financial Year 2010-11. The Record Date for the same has already been fixed on December 21, 2010 and payment of the Special Interim Dividend shall start from December 22, 2010 onwards to the shareholders; (2) Recommended for approval of the shareholders for sub division of each Equity share of Rs. 10/- each fully paid up into two equity shares of Rs. 5/- each fully paid up; (3) Recommended for approval of the shareholders for issuance of Bonus shares in the proportion of one new equity bonus share of Rs.5/- each for every one existing equity share of Rs.5/- each fully paid up by capitaIisation of reserves; (4) Approved for seeking the consent of the shareholders to the proposal at (2) and (3) above through Postal Ballot in terms of Section 192A of the Companies Act, 1956 and the Rules framed thereunder. |
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