Rajesh Exports board nod for 2:1 bonus

Bangalore-based Rajesh Exports has approved  a proposal to issue two bonus shares for every one share held.

The board, which met today, also approved a proposal to increase the authorised share capital of the company to Rs 30 crore, and split shares in the ratio of 1:2 i.e one share of Rs 2 each would be split into two shares of Re 1 each.