ICSA India has fixed the record date for the stock split. The ICSA India Stock Split Record Date has been fixed as Wednesday 10th October 2007 (today). On fixing the record date for the stock split, the shares of ICSA India moved up smartly by over 4%. The ratio of the ICSA India Stock Split had earlier been fixed as 5:1. It might take a few days for the stock split to reflect in the shares held in the demat accounts of investors.
GEE Limited, which is a leading Indian Manufacturer of welding electrodes and equipments, has informed the stock exchanges today that the board of GEE Limited will consider splitting the face value of the company’s shares (stock split) in the forthcoming board meeting. The board of GEE Limited will meet on October 30, 2007 to consider the stock split. More details about the GEE Limited Stock Split including the record date for the Stock Split and the ratio of the Stock Split will be available on 30th October after the board meeting of GEE Limited is over.
Shilpa Medicare has fixed the record date for the stock split. The record date for the Shilpa Medicare stock split is today 08 October, 2007. The ratio of the Shilpa Medicare stock split is 5:1 which means 1 share of face value Rs. 10 each will be split into 5 shares of face value Rs. 2 each. The stock split will increase the liquidity in the Shilpa Medicare counter.
Asian Electronics has fixed the record date for the stock split. In an announcement made to the stock exchanges, Asian Electronics informed the shareholders that the board of Asian Electronics has fixed the record date for the Stock Split as 29 October 2007. The ratio of the Asian Electronics Stock Split is 2:1 (2 post split shares for every 1 equity share held). The share prices of Asian Electronics were up by over 4% after the announcement was made.
The share prices of Rajesh Exports zoomed after the company announced that the board of Rajesh Exports would consider an issue of bonus shares and a stock split as well. Rajesh exports which is a leading jewellery trading house said its board would meet on October 22 to consider a 2:1 stock split by splitting the face value of the company’s share from Rs. 2 each to Rs. 1 each. The board will also consider a bonus issue. The record date for the bonus issue as well as the stock split will be announced by the board of Rajesh Exports on October 22 after the board meeting is over.
The record date for the Rajesh Exports Bonus Issue and Stock Split has been fixed. Rajesh Exports Bonus Issue record date has been fixed as February 05, 2008 and the bonus issue ratio is 2:1. Rajesh Exports Stock Split Record Date has been fixed as February 05, 2008 for the sub division of shares in the ratio of 2:1
Peninsula Land has informed the stock exchanges that the board of Peninsula Land has approved the stock split in the board meeting held on September 21, 2007. The board of Peninsular Land has also fixed the record date for the stock split. The Peninsula Land stock split record date has been fixed as October 23, 2007. The face value of the shares of Peninsula Land will be split from Rs. 10 to Rs. 2 each. Shareholders will get 5 shares of Peninsula Land for every 1 share they hold, post stock split.
Man Industries has informed the stock exchanges that the board of Man Industries has fixed the record date for the Stock Split. The Man Industries Stock Split Record date is October 16, 2007. Man Industries is a leading player in the piping industry and is involved in laying/making oil and gas pipelines in India and abroad. The share prices of Man Industries zoomed as soon as the Stock Split Record Date announcement was made.
ONGC board said it will consider an issue of bonus shares and stock split at an appropriate time. At the ONGC AGM yesterday, some shareholders started shouting slogans asking for a bonus issue and stock split. Responding to this, the managing director of ONGC told the shareholders that the board of ONGC will consider the bonus issue and the stock split. As soon as this statement was made, the share prices of ONGC zoomed up on the stock exchanges.
The Record Date for the Jai Corp Stock Split and Bonus issue has been fixed today. Jai Corp, in an announcement made today with the stock exchanges, said that the record date for both the Stock Split and Bonus issue has been fixed as 12 October 2007. As soon as the record date for Jai Corp Stock Split and Bonus issue announcement was made, the Jai Corp stock hit the upper circuit.
Banco Products India has informed the stock exchanges that the board of directors of Banco Products will meet on 26 September 2007 to consider splitting (stock split) the face value of the company’s shares. More details about the Banco products Stock Split such as the record date for the stock split and the ratio of the Stock Split will be avilable after the board meeting is over on 26th.
Electrosteel Castings has announced the record date for the stock split. The record date for the Electrosteel Castings stock split, as announced by the stock exchanges, is 24 September, 2007. The ratio of the stock split is 10:1. The shares of Electrosteel Castings zoomed up about 6% as soon as the announcement regarding the record date for the stock split was made public.
Lloyds Metals Stock Split : The shares of Lloyds Metals today hit the upper circuit after the company announced that the board of directors of Lloyds Metals have approved splitting the face value (Stock Split) of the company’s shares. The ratio of the stock split has been fixed as 5:1. Lloyds Metals board is likely to announce the record date for the stock split in the next 1 or 2 weeks.
West Coast Paper Mills Limited has informed the stock exchanges that the board of directors of West Coast Paper Mills Ltd have fixed the record date for the stock split. As per the announcement, the record date for the West Coast Paper Mills Ltd stock split is November 02, 2007. The ratio of the West Coast Paper Mills stock split is 5 : 1. West Coast Paper Mills will also raise capital through a rights issue in the near future.
The record date for Usha Martin stock split is today. Shareholders of Usha Martin who’s names appear in the register of shareholders of Usha Martin will be eligible for the stock split. The stock split will be in the ratio of is 5:1 which means shareholders of Usha Martin will get 5 equity shares of face value Rs. 1 each in lieu of every 1 equity share of face value Rs. 5 each. The stock split will enhance the liquidity in the Usha Martin counter.
Lloyds Metals & Engineers Limited has informed the stock exchanges that the board of Lloyds Metals & Engineers will meet on 08 Sptember, 2007 to consider splitting the face value (stock split) of equity shares of the company. More details about the Lloyds Metals & Engineers stock split including the record date for the stock split and the ratio of the stock split will be available after the board meeting is over and will be updated here.