Diamines & Chemicals soars on fixing record date for bonus issue

The board of directors of the company in its meeting held on May 24 had recommended final dividend of Rs 4.50 per equity share of Rs 10 each and bonus shares in the proportion of 1:1.

"The register of members & share transfer books of the company will remain closed on July 21, 2011 for the purpose of payment of final dividend & issue of bonus shares in the proportion of one new equity bonus share of Rs 10 each for every two existing equity share of Rs 10 each fully paid up by capitalization of reserves," the company said in a filing to the stock exchanges.

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