Construction firm Gammon Infrastructure Projects today said it has fixed October 27 as the record date for the proposed stock-split.
The record date has been fixed for determining claims of the existing shareholders for the purpose of stock-split, Gammon Infrastructure Projects said in a filing with the Bombay Stock Exchange.
The company has already received approval of the shareholders for the sub-division of each Rs 10 share into five equity shares of Rs 2 each.
Shares of the company closed at Rs 102.55, marginally up from the previous close on the BSE.