News Line
Berger Paints to issue bonus shares in 3:5 ratio

19th August 2006: Leading paint manufacturer Berger Paints India Ltd on Friday said it will issue bonus shares in the ratio of 3:5 to the shareholders. The company informed the Bombay Stock Exchange that the shareholders had approved the bonus issue, where three bonus shares would be allotted for every five shares held, at the AGM held last month.