Unity Infraprojects is considering stock split issue. The company’s stock had closed at Rs 607.25 yesterday.
In a notification to Bombay Stock Exchange, the company said that the board of Unity Infraprojects will meet on January 29 to decide on the stock split issue.
During the board meeting, the company will also consider hiking the stake of foreign institutional investors from the current 24 per cent to 49 per cent.
Post announcement, Unity Infraprojects’ share price jumped 2.10 per cent to Rs 12.75.