The record date for the Varun Shipping Stock Split has been announced. The Varun Shipping Stock Split Record Date has been fixed as July 10, 2008. Earlier last month Varun Industries had announced that shares of the company will undergo a split in the face value in the ratio of 10 :1 which means shareholders will get 10 shares of Varun industries of face value Rs. 1 each in lieu of every 1 share of face value Rs. 10 each that they hold in the company as on the record date for the stock split.
Much to the delight of its shareholders, JM Financial has informed the stock exchanges that the board has approved the bonus issue as well as the stock split. The ratio of JM Financial Bonus Issue has been fixed as 3:2, which is very liberal. This means investors will get 3 bonus shares for every 2 shares that they hold as on the record date for the bonus issue. The stock split ratio has been fixed as 10:1 which means shareholders will get 10 shares of face value Rs. 1 each in lieu of every 1 share of face value Rs. 10 each that they hold as on the record date for the stock split. The record date for the bonus issue as well as the JM Financial stock split will be announced in the coming few weeks and will be updated over here.
Take Solutions Stock Split has been approved by the board of directors of the company in the board meeting which was held today. The face value of the shares will be split from the current Rs. 10 per share to Rs. 1 per share. The record date for the stock split, which would be in the ratio of 10:1, is yet to be announced by the board of the company. The stock markets however seem to have discounted this announcement, with the price of Take Solutions shares showing just a marginal rise.
Apollo Sindhoori has informed the stock exchanges that the board of Apollo Sindhoori has recommended splitting the face value of the company’s shares in the ratio of 10:1 subject to pending approval from the shareholders of the company. Shareholders will get 10 shares of face value Rs. 1 each for every of 1 share of face value Rs. 10 that they hold as on the record date for the stock split. Apollo Sindhoori Stock Split record date has not yet been announced and will be updated here as soon as it has been announced by the company.
Gandhi Special Tubes Stock Split is likely to be approved in the forthcoming board meeting of the company. The EGM in which the Gandhi Special Stock split will be decided has been scheduled to take place on Monday, February 25, 2008. The Gandhi Special stock split record date is not yet known and the same will be updated here as soon as the company announces the record date.
Arrow Webtex Stock Split Record Date has been fixed earlier this week. In an announement made with the stock exchanges, Arrow Webtex Limited informed the stock exchanges that the Record Date for Arrow Webtex Stock Split has been fixed as Tuesday, 22 January 2008 which is today. The shareholders of Arrow Webtex who’s name appears on the books of records of the ompany as of today will be eligible for the stock split.
Karuturi Networks Stock Split will be considered in the forthcoming board meeting of the company. The board of directors of Karuturi Networks will meet on Wednesday, January 30, 2006 to consider sub division (Stock Split) of the company’s shares. More details about the Karuturi Networks Stock Split including the record date for the Karuturi Networks Stock Split and the Karuturi Networks Stock Split ratio will be known after the board meeting is over.
City Union Bank Stock Split Record Date has been fixed today. This was announced by the board of City Union Bank today during trading hours. The Record Date for the City Union Bank Stock Split has been fixed as Wednesday, January 30, 2008. City Union Bank Stock Split ratio has laready been fixed as 10:1 which means on the record date for the stock split, sub division of face value of the shares of City Union Bank will take place in the ratio of 10 : 1 wherein investors will get 10 shares of City Union Bank of face value Rs. 1 each in lieu of 1 share of face value Rs 10 each.
Krypton Industries Stock Split will be decided in the ensuing board meeting. Krypton Industries informed the stock exchanges today that the board of directors of Krypton Industries will meet on Monday, January 24, 2008 to consider sub division of the company’s shares. More details about the Krypton Industries Stock Split including the record date for the stock split and the Krypton Industries Stock Split ratio will be known after the board meeting is over. Krypton Industries Stock Split Record Date will be updated here as soon as it is announced by the company.
Jagran Prakashan Stock Split Record Date has been fixed today as January 16, 2008. The face value of shares of Jagran Prakashan will be split in the ratio of 5:1. Hence, post sub division, investors who hold 1 share of face value Rs. 10 each will get 5 shares of face value Rs. 2 each. The shareholders who’s names appears in the shareholders register of Jagran Prakashan on the record date will be eligible for the stock split.
The record date for the Suzlon Energy Stock Split has been fixed by the board of Suzlon Energy Limited earlier today. Suzlon Energy Stock Split Record Date has been fixed as January 28, 2008. A few weeks back Suzlon Energy Stock Split ratio was fixed as 5:1 wherein there will be a sub-division in the face value of the shares of Suzlon Energy from Rs. 10 to Rs. 2. Hence investors will get 5 shares of face value Rs. 2 each for every 1 share of face value Rs. 10 each that they hold on the record date for the stock split. More details on the Suzlon Energy Stock Split will be updated here in the next few days.
Super Tannery Stock Split has been proposed by the board of directors of the company. As per the statement issued by the board of directors of Super Tannery India Limited, the face value of the shares of Super Tannery are proposed to be split in the ratio of 5:1 in which 1 share of face value Rs. 10 each will be split into 5 shares of face value Rs. 2 each on the record date for the stock split. Super Tannery Stock Split record Date is yet to be announced.
Triton Corp Stock Split has been approved today. Triton Corporation has informed the stock exchanges that the board of directors of Triton Corporation Limited has approved the proposed stock split in its meeting held today. Triton Corp Stock Split now awaits shareholders approval in the EGM slated to be held on February 04, 2008. The board of Triton Corp today also approved the proposal to acquire upto 51% stake in Sapphire Global, a UK based company. The Triton Corporation Stock Split record date will be announced by the board after the stock split gets the shareholders approval in the forthcoming EGM. The record date of Triton Corp Stock Split will be updated here as soon as it has been announced by the company.
GBN Stock Split was today approved by the board of Global Broadcast News Limited. The shares of Global Broadcast News (GBN) will be split in the ratio of 5:1 which means 1 share of face value Rs. 10 each will be split into 4 shares of face value Rs. 2 each on the record date for the stock split. As with all stock splits, the networth of the investors will remain same before and after the stock split assuming the condition of ceteris paribus. GBN Stock Split Record date has not yet been announced. The record date will be updated as soon as it is announced by the board of Global Broadcast News (GBN).
NMDC Bonus Issue and Stock Split will be considered by the board of National Mineral Development Corporation (NMDC) in the board meeting which will be held on Thursday, December 27, 2007. NMDC Bonus Issue record date and bonus issue ratio will be updated here as soon as it is available. The ratio of NMDC stock split will also be updated here as soon as it is announced by the board of NMDC.