Bajaj Auto shares were down nearly 2 per cent in noon trade on Thursday with its stocks turning ex-dividend from Thursday.
The shares were trading at 1,552.55 on the BSE, trading between 1,556.70 and 1,542.65 so far during the day. The
broader markets were mostly flat on Thursday.
Bajaj Auto Ltd had earlier informed BSE that the Register of Members & Share Transfer Books of the company will remain closed from July 07, 2012 to July 18, 2012 (both days inclusive) for the purpose of Payment of Dividend & Annual General Meeting (AGM) of the company to be held on July 18, 2012.
Bajaj Auto board had recommended a dividend of Rs 45 per share for the financial year 2011-12.
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