10 Jul 07 Divis Lab stock split

Divis Lab has informed the stock exchanges that the shareholders of divis labs have approved the stock split of the company’s shares from 1 share of face value Rs. 10 each to 5 shares of face value Rs. 2 each by approving a special resolution through postal ballot. The record date for the stock split is yet to be announced. The shares of Divis Lab rose about 1% today after the announcement was made, in a falling market.

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Reader's Comments

1. amba shankar | 31 Jul 2007 8:13 am

   Sir,
   in IPO The value 0f equety rs10 but collecting more then ,why dividend is paying on face value of rs 10/- ?

2. dhilip | 17 Dec 2008 12:31 am

   sir,
   im interested in divis lab shares i want to invest in this…but i don’t no about stock market can u help me…

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