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JYOTI RESINS & ADHESIVES LTD. - Board recommends Final Dividend & Bonus Issue
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17 May 2022
Jyoti Resins &amp; Adhesives Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 17, 2022, inter alia, has considered and approved the following:&lt;BR&gt;&lt;BR&gt;1. Recommendation of the final dividend for the financial year 2021-22 at the rate of Rs. 7.50 per equity share (i.e. @ 75%) of Rs.10/- each fully paid for financial year the 2021-22 to the shareholders for approval at the ensuing AGM. The dividend if approved by the shareholder at the AGM, will be paid to eligible shareholders within the stipulated time.&lt;BR&gt;&lt;BR&gt;2. Recommended issue of Bonus Equity Shares in proportion of 2:1 i.e. 2 (Two) new fully paid-up Equity Share of Rs.10/- (Rupees Ten only) each for every 1 (One) fully paid-up Equity Shares of Rs.10/- (Rupees Ten only) each held by the eligible members of the Company as on the &apos;&apos;Record Date&apos;&apos;, subject to the shareholders&apos;&apos; approval.
View all announcements for JYOTI RESINS & ADHESIVES LTD. Source: BSE India

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