14 May 07 Everest Kanto Cylinder Stock Split

Everest Kanto Cylinder has informed the Indian stock exchanges that the board of directors of Everest Kanto Cylinders will meet on 21 May 2007 to consider splitting the face value of shares of Everest Kanto Cylinders. The ratio of the stock split will also be decided in the board meeting and will be announced on May 21 2007. Brightwill, a subsidiary of CLSA Private Equity Management, invested $20 million in Everest Kanto Cylinder in November last year.

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