11 Dec 07 Century Plyboards Stock Split Proposed

Century Plyboards Stock Split proposal led to the share prices of Century Plyboards India Limited soaring by over 6% today. Century Plyboards India Limited today informed the stock exchanges that the board of directors of Century Plyboards will meet on December 18, 2007 to consider splitting the face value of the company’s shares. The proposed Century Plyboards Stock Split ratioÃ‚Â is 10:1. This means investors will get 10 shares of face value Rs. 1 each for every 1 share of face value Rs. 10 each that they hold on the record date of the stock split. Century Plyboards Stock Split record date is yet to be announced. The same will be updated here as soon as it is announced by the board of Century Plyboards.

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