Archive for January, 2010

Crompton Greaves bonus issue approved

Crompton Greaves jumped 6.72% as net profit rose 60% to Rs 135.43 crore on a 14% increase in total income to Rs 1240.47 crore in Q3 December 2009 over Q3 December 2008. The result was announced during trading hours today, 28 January 2010. Meanwhile, the company’s board recommended issuing three bonus shares for every four [...]


SREI Infra bonus issue approved

SREI Infra board has approved a bonus issue of four shares for every five shares held in the company, it said in a statement to the stock exchange. It’s the ratio of 5:4.


IVRCL Bonus Issue

IVRCL Infrastructures and Projects Limited (IVRCL) on Thursday declared bonus issue of equity shares in the ratio of 1:1 capitalising Rs 26.70 crore out of its free reserves. IVRCL recorded a turnover of Rs 3613 crore for the nine month period ending December 2009 against Rs 3312 crore for the same period last year, the [...]


What is an IPO?

We are starting with a new series of posts that would resolve your queries and doubts about IPO. Starting from now, until March 2010, we would post one post each day and build an IPO knowledge base here so you can refer to one link and understand what’s it’s all about. So What is an [...]


Consolidated Construction Consortium Stock Split approval

The Consolidated Construction Consortium Ltd (CCCL) board has approved the stock split (sub division of shares) of the face value of Rs. 10 each to Rs. 2 each, that is 1:5 ratio. Consequent to the shareholders approval, the current paid-up share capital of the company will be Rs. 36,95,54,450 consisting of 18,47,77,225 equity shares of [...]


Diamant Investment & Finance bonus shares approved

The members of Diamant Investment & Finance have approved the issue of bonus shares in the proportion of 3 new fully paid-up equity shares of Rs. 10 each for every 1 equity share of Rs. 10 each. The members have approved to change the name of the company from Diamant Investment & Finance to Diamant [...]


Well Pack Papers & Containers bonus shares and stock split

The board of Well Pack Papers & Containers in its meeting on 23 January 2010 has approved the issue of bonus shares in the ratio of three fully paid equity shares for every four equity shares held in the company (4:3). The board has also approved the sub-division (stock split) of the face value of [...]


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