/ PC Jeweller Announces 1:1 Bonus Issue ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Thursday, 25 May 2017

The board of PC Jewellers, on Thursday, has recommended issue of bonus shares in the proportion of 1 equity share for every 1 existing equity share.

The board has recommended a dividend of Rs. 1.30 per preference share for the period from September 2, 2016, to March 31, 2017. It has also recommended a dividend Rs 1 per equity share for the financial year ended March 31, said PC Jeweller in its BSE filing on Thursday.

PC Jeweller was trading at Rs 439.80, up by Rs 9.05 or 2.10% as at 12.35, on Thursday, on the BSE. The stock had hit an intraday high of Rs 450.90.

PC Jeweller Ltd was incorporated on April 13, 2005, as a private limited company under the name P Chand Jewellers Private Limited. Further, the name of the company was changed to PC Jewellers Private Limited on October 16, 2007, and PC Jeweller Private Limited on December 9, 2009. The company was converted into a public limited company on August 2, 2011, following which the name was changed to PC Jeweller Limited.

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