• Investment World
• eWorld
• Catalyst
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Port Info

• Ships in Ports
  
  

Archives

• Yesterday
• Datewise
• Resources

Group Sites

• The Hindu
• Business Line
• The Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

NEW DELHI: Ind-Swift Ltd has decided to split its Rs 10 share into five equity shares of Rs 2 each. This was approved at the company's extra-ordinary general meeting held in Chandigarh on Thursday.

In a statement, the Chairman, Dr G. Munjal, said the stock split would improve the overall liquidity and thus would be more accessible to the shareholders of the company. The present paid-up capital of the company is Rs 7.27 crore consisting of over 72 lakh shares of Rs 10 each, which after the split will consist of over 3.6 crore shares of Rs 2 each.

The board has fixed May 6, as the record date for effecting the split.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Hanil Era Textiles increases weaving capacity

Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line