Date:01/12/2004 URL: http://www.thehindu.com/2004/12/01/stories/2004120111411601.htm

Business - Briefly

1:1 bonus from Impal

CHENNAI: India Motor Parts & Accessories will be capitalising reserves and issuing bonus shares in the ratio of one share for every equity share held. The company has convened an extraordinary general meeting on January 31 to obtain the approval of the shareholders. For the half year ended September 30, 2004, the company posted a turnover of Rs. 108.45 crores and a net profit of Rs. 5.18 crores.

Our Bureau