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Board of Grasim Industries approves sub-division of shares

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Capital Market
Last Updated : Aug 12 2016 | 12:02 AM IST

At meeting held on 11 August 2016

Grasim Industries announced that the Board of Directors of the Company at its meeting held on 11 August 2016, (which commenced at 1.00 p.m. and concluded at 5.10 p.m.), inter alia, considered and approved sub-division (split) of equity share of the Company having a face value of Rs. 10/- each (fully paid up) into five equity shares of face value of Rs. 2/- each (fully paid up).

The sub-division of shares will be subject to approval by the shareholders in the ensuing General Meeting and any other statutory and regulatory approvals.

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First Published: Aug 11 2016 | 6:12 PM IST

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