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Bangalore, Oct. 22

The board of Rajesh Exports Ltd, at its meeting held on Monday, has (subject to the approval of shareholders of the company) decided to issue two bonus shares for every one share held by the shareholders (200 per cent bonus) and subdivide equity shares of Rs 2 each to Re 1 each. It has also decided to increase the authorised share capital of the company to Rs 30 crore. The board has decided to convene an extraordinary general meeting to approve the above issues. —

Our Bureau

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