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MUMBAI, FEB 17: The board of directors of Thomas Cook India Ltd has set a bonus issue of equity shares in the ratio of two shares for ev...

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MUMBAI, FEB 17: The board of directors of Thomas Cook India Ltd has set a bonus issue of equity shares in the ratio of two shares for every three shares held. The board of Thomas Cook also recommended a dividend of Rs 5 per share for the year ended December 31, 1999. It has registered a 4.5 per cent increase in its net profit to Rs 18.03 crore for the year ended December 1999 from Rs 17.24 crore in the previous year. The turnover for the year dipped to Rs 70.80 crore from Rs 72.25 crore.

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