A meeting of the board of directors will be held on January 21 to consider sub-dividing the equity shares and a second interim dividend for FY09-10, besides the unaudited financial results for the third quarter and nine months ended December 31, 2009, according to the company's filing with the BSE.
The company had declared he first interim dividend for FY09-10 last October.
The shares of IPCA Labs are trading at Rs 1090, stronger by Rs 44 or 4.4%, on the BSE.