Entries Tagged 'Stock Split' ↓

Gammon Infrastructure Projects stock split has been approved by the board today. The company in their board meeting held today has approved and announced to the stock exchanges.

Gammon Infrastructure stock split has been approved in the ratio of (1:5). (issued and un-issued equity shares of the face value of Rs 10 each into 5 equity shares of Rs 2 each, subject to the approval of the shareholders.

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Falcon Tyres Ltd in their board meeting held on 30th July 2009 has informed the markets that the company has decided on the following items:

Bonus and Sub Division of shares.
1. Stock Split of existing shares of Rs 10 each into 2 shares of face value of Rs 5 each.
2. Bonus Shares in ratio of 2:1 (i.e. 2 shares for every one share of face value of Rs 5 after splitting of the shares).
3. Bonus shares so issued will not entitled for dividend to be declared by Company for the Financial Year 2008-09 in the forthcoming AGM.

Falcon Tyres Bonus issue and split record dates are not yet announced and the bonus date will be announced post approval by the board.

JM Financials Bonus Issue and Stock Split has been announced by the company. The board of the directors of the company also declared a dividend of Rs. 5 and a special purpose dividend of Rs. 20 to the share holders of the company.

JM Financials Bonus Issue Ratio is announced at 3:2 (3 Bonus shares for every two shares held by the share holders of the company and Stock split in the ratio of 1:10 (One equity share of Rs. 10 each will be sub divided in to 10 equity shares of Rs. 1 each).

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Plethico Pharmaceuticals Stock Split has been announced by the company. In an annoucment made the company has informed the BSE that the board at its meeting held on May 27 has recommended dividend of 25% i.e. Rs 2.50 per share and Stock Split with the face value of Rs 10 into 10 shares of Re 1 each.

The above are subject to the approval of the share holders in the upcoming AGM which is to be held on June 27, 2008. Plethico Pharma Stock Split news has helped the stock gain more than 4 per cent on the NSE in the closing trades yesterday, the stock closed at Rs. 413.

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Take Solutions Stock Split is announced by the company today. The board of directors of the company in their meeting held today has considered and approved the Stock Split in the ratio of 10:1, which means that the face value of the shares from the current Rs. 10 per share will be split to 10 shares to Rs. 1 per share.

The record date for the Take Solutions stock split is not yet known and will be announced by the board after the approval from the share holders. Do check back for more information on Take Solutions stock split.

AI Champdany Industries Stock Split will be considered by the board of directors in their upcoming meeting to be held on May 25, 2008. More informaiton and ratio of the AI Champdany Industries stock split will be known after the board meeting.

In an annoucment made to the BSE the company has informed that a meeting of the Board of Directors of the Company will be held on May 25, 2008, inter alia, to consider Split of the equity shares of the Company, subject to approval of Shareholders.

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Madras Aluminium Company Stock Split will be considered by the board of directors in their upcoming meeting. The company in an announcement made to the stock exchanges has informed that a meeting of the Board of Directors of the Company will be held on May 16, 2008, inter alia, to consider Sub-Division / Split of the Equity Shares of the Company.

Madras Aluminium Stock Split Ratio and details will be known after the board meeting today. Stock prices of Madras Aluminium company rose over 9.5 per cent yesterday to close at Rs.895 on the BSE. Do visit back later for updates on Madras Aluminium company Stock Split ratio and Record date of Madras Aluminium Stock Split.