Simplex Infra board nod for 1:5 stock split

The board of Simplex Infrastructures, at its meeting held on Monday, has approved the sub-division of each equity share of Rs 10 into 5 shares of Rs 2 each, according to an official release issued to the BSE today.

The raising of $ 200 million from domestic/international market by issue of any class of securities including GDRs, ADRs, IDRs, QIPs, FCCBs, etc. has also been approved, the release said.