Tag: stock split

  • Sri Adhikari Brothers Television Network Ltd EGM approves stock split

    MUMBAI: Sri Adhikari Brothers Television Network Ltd has informed the Bombay Stock Exchange (BSE) that the members at the Extra Ordinary General Meeting (EGM) of the Company held on 7 December, inter alia, have passed the following resolutions:
     
     

    Sub-division of the Nominal Value of the Equity Shares of Rs 10/- each into five Equity Shares of Rs 2 each and consequential alteration in Memorandum & Articles of Association of the Company.
     
     

    Re-appointment of Markand Adhikari as vice chairman & managing director of the Company for a period of 5 years with effect from 18 August, 2005.

  • Sri Adhikari Brothers Board approves stock split

    MUMBAI: Sri Adhikari Brothers Television Network Ltd has informed the Bombay Stock Exchange (BSE) that the Board of Directors of the Company has approved the stock split.

    A meeting held on 29 October approved the proposal for sub-division of existing Equity Shares of Rs 10 each, into five equity shares of Rs 2 each.

    Accordingly, the existing 92,83,500 equity shares of Rs 10/- each fully paid up will be sub-dividend into 4,64,17,500 equity shares of Rs 2/- each fully paid up, subject to the approval of members in the General Meeting.
     

  • Balaji to consider stock split tomorrow

    Balaji to consider stock split tomorrow

    MUMBAI:Balaji Telefilms has said that its board will meet tomorrow to consider a stock split. 

    The company has not mentioned the split ratio but the meeting will consider the sub-division of the company’s equity shares with face value of Rs 10 each into the shares of smaller amount, reports bseindia.com.