Business Standard

Edelweiss board okays stock split, bonus issue

Image

BS Reporter Mumbai

Mumbai-based financial services company Edelweiss today said that its board of directors has approved a stock split in the ratio of 5:1 and annouced bonus shares in the ratio of 1:1.

Every stock with a face value of Rs 5 will be split into Rs 1 each and shareholders will get one share for every one share held, as part of its bonus issue.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jun 24 2010 | 1:25 PM IST

Explore News