Deccan Chronicle plans 1:5 stock split

Deccan Chronicle Holdings plans stock split in the ratio of 1:5, ie each equity share with a face value of Rs 10 to be sub-divided into five equity shares of Rs 2 each.

According to a release issued by Deccan to the BSE today, the company's board is scheduled to meet on January 19 to cosider the above proposal and also announce its third-qaurter results.