Warner Multimedia to go for stock split

The board of directors of Warner Multimedia, at its meeting held on March 07, 2005, has approved the sub-division of the existing equity shares of face value of Rs 10/- each into 5 equity shares of face value of Rs 2/- each.

According to a release issued to the BSE, the company has convened an extraordinary general meeting of the members of the company on April 04, 2005 to obtain the necessary approval from the shareholders for split-up of the face value of existing equity shares.