Entries Tagged 'Stock Split' ↓

Century Plyboards, in an annoucment made to the stock exchanges has informed that the company plans to consider Stock Split and for this the Board meeting of the directors will be held on 18th December, 2007.

Shares of Century Plyboards closed today at Rs 720 up 8.5 per cent on the BSE based on the Stock Split news.

More information regarding the Century Plyboards Stock Split Ratio and the Record date of Century Plyboards will be updated over here.

Jaiprakash Associates Ltd  Stock Split of shares has been approved by the members of the company by way of Postal ballot, the company in an announcement made today has informed the BSE. It was known that the company has decided to split one equity shares of Rs.10/- to 5 equity shares of Rs.2/- each.

Currently Jaiprakash Associates Stock is trading at Rs. 1690 up 3.94 per cent on the BSE. Record date Jaiprakash Associated stock split is not yet annouced.

Walchandnagar Industries Limited stock is locked at 5% upper circuit on the BSE, based on the company’s announcement of Bonus and Split. Earlier at the meeting of the Board of Directors held on 25th November 2007 , the board members have recommended the following for the share holders of the company

Recommended special ‘Centenary Dividend’ of 100% on the equity shares of Rs 10/- each i.e. dividend of Rs 10/- (Rupees Ten only) per share, as the Company is entering into its centenary year on November 25, 2007. 

Issue of Bonus Shares : The Board recommended, subject to the approval of shareholders and other necessary regulatory approvals, if any, to issue Bonus Shares in the ratio of 1:1 (one bonus share for one share held).

Sub-division of shares : The Board recommended, subject to the approval of shareholders and other necessary regulatory approvals, if any, to sub-divide the equity shares of the face value of Rs 10/- each into 5 equity shares of Rs 2/- each. 

Walchandanagar Industries Limited is locked currently at Rs. 8478.25 up 5% on the BSE.

Uma Petroproducts India Ltd, Board of directors meeting will be held on November 21, 2007 to consider stock split of shares. The company in their annoucement made to the Bombay stock Exchange has informed that the Board will consider the stock split of shares of Rs. 10 each into shares of Rs. 1 each that is 1:10 ratio, and inter alia will also consider the increase of the company’s authorised share capital from Rs 6 to Rs 10 crore. Uma Petroproducts stock split Record date will be announced only after the board meeting.

Orient Paper & Industries Limited Stock Split has been approved by the board of directors of the company and has been informed to the Exchanges.

Board Members meeting is held on 14, November 2007 regarding the Stock split and the members have approved the sub-division of the existing equity shares of Rs. 10 each into 10 shares of Rs.1 each .

Orient Paper Stock is trading at Rs. 685 on the BSE at 2 Pm. Record date for Orient Paper Stock Split is not yet announced.

Punjab Woolcombers Limited, a textiles firm in an annoucement made to the BSE has informed that the Board members of the company at their meeting held on 5th November 2007, has approved the Stock Split.

The Board of Directors approved that the equity share of Rs 10/- each be split up into 10 equity shares of Re 1/- each and the board also approved raising Rs 200 crore through an equity issue or issue of convertible bonds or depositary receipts to fund its proposed industrial park in Punjab.

Punjab Woolcombers Stock Split Record date is not yet announced by the company. Share prices of Punjab Woolcomber Limited closed at Rs. 19.05 up 4.96% on the BSE.

The board members of Action Construction Equipment Ltd in their meeting held today has approved the Stock Split. The record date for the sub division of the shares has been not yet announced.

The company will split, one equity share of Rs 10 each into five equity shares of Rs 2 each.

Based on the Stock Split News the Action construction stock closed today at Rs 394.65 up 2.64% on the Bombay Stock Exchange.