17 Dec 07 Kanoria Chemicals Bonus Issue & Stock Split Record Date
The record date for the Kanoria Chemicals Bonus Issue and Kanoria Chemicals Stock Split has been announced by the board of Kanoria Chemicals & Industries Limited over the weekend. Kanoria Chemicals Bonus Issue ratio has been fixed as 1:2 (1 bonus share for every 2 shares held). Kanoria Chemicals Stock Split ratio has been fixed as 2:1 (2 shares of face value Rs. 5 each will be given in lieu of 1 share of face value Rs. 10 each). The record date for both the Bonus Issue and the Stock Split has been fixed as Friday, December 14, 2007.
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Kanoria Chemicals & Industries Ltd (506525)has informed BSE that January 07, 2008 has been fixed as the Record Date for the purpose of Sub-division of Face value of Equity Shares of the Company from existing Rs 10/- to Rs 5/- and also for the entitlement of Bonus Shares in the proportion of one fully paid up Equity Share of Rs 5/- for every two fully paid up Equity Shares of Rs 5/- held by the members of the Company.