Business Standard

Hindustan Composites fixes record date for stock split and bonus issue

Image

Capital Market

Record date is 26 May 2017

Hindustan Composites announced that the Record Date has been fixed as 26 May 2017 for the purpose of ascertaining the eligibility of shareholders for:

1. Sub-division of existing 1 (One) equity share having face value of Rs. 10/- (Rupees Ten only) each fully paid-up into 2 (Two) equity shares having face value of Rs. 5/- (Rupees Five only) each; and

2. Issue of bonus shares in proportion of 1:2 (i.e. 1 new bonus equity share of Rs. 5/- (Rupees Five only) each for every 2 (Two) equity shares of Rs. 5/- (Rupees Five only) each held) (Post split face value per equity share).

 

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

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

First Published: May 17 2017 | 1:42 PM IST

Explore News