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24 May 07 Divi’s Laboratories stock split, Dividend

Divi’s Laboratories has informed the stock exchanges that it would be splitting the face value of its equity shares from Rs 10 each to Rs 2 each. Divi’s Laboratories had also announced an interim dividend of 100%, which works out to Rs 10 per share of face value Rs.10 each. Following the stock split announcement, Divi’s Laboratories has smartly moved up by 8% to Rs 4390.


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Reader's Comments

  1. |

    I’ve got 5 Divi@4100 before May07.
    Any idea when could be the tentative record date for stock split!?…
    And, is the interim dividend realised? (I received none)



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