Business Standard

Archies plans stock split

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BS Reporter Mumbai

Greetings card maker Archies today said that its board has recommended stock split of its equity shares. Each equity share of face value of Rs 10 each will be split into five shares of Rs 2 each, it said.

The board has also recommended a final dividend of Rs 2 per share of Rs 10 each for FY 2010, it said.

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First Published: May 31 2010 | 1:28 PM IST

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