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Archive for April, 2010

HDFC Stock Split

The country’s largest mortgage lender, Housing Development Finance Corporation (HDFC), on Wednesday said it may consider a sub-division of shares at its forthcoming board meet. If approved, this would be the first stock split of HDFC shares in over one decade. The equity shares of the corporation with face value of Rs 100 each were […]


RS Software Bonus Issue

R.S. Software (India) Ltd has announced that the Board of Directors of the Company at its meeting held on April 26, 2010, has considered and recommended the issue of Bonus Shares to the Equity Shareholders in the ratio of 28 (twenty eight) bonus equity share against every 100 (one hundred) equity shares held by the […]


Maithan Alloys Bonus Issue

Maithan Alloys Ltd has announced that the Board of Directors of the Company at its meeting held on April 28, 2010, inter alia, has recommended for the approval of shareholders, the issue of Bonus shares in the ratio of 1:2, i.e. One Bonus Share for every Two Equity Shares held by the shareholders on record […]


Tilak Finance Bonus Issue

The members of Tilak Finance have approved the issue bonus shares in the ratio of 4:1. Further, The members have approved to appoint R. Soni & Company, Chartered Accountants as auditors of the company. The members have approved to increase the authorised capital of the company from Rs. 25 lakh to Rs. 12.25 crore. This […]


Farmax India Stock Split

Farmax India touched an intraday high of Rs 119 and an intraday low of Rs 115.10. At 09:08 hrs the share was quoting at Rs 118, up Rs 6.60, or 5.92%. The company has approved stock split in the ratio of 5:1. It was trading with volumes of 57,438 shares. Yesterday the share closed up […]


Sintex Industries Stock Split

Sintex Industries rose to Rs 334.55 on BSE after the company said its board will consider a 2-for-1 stock split on 30 April 2010. The mid-cap plastic water storage tank maker has an equity capital of Rs 27.30 crore. Face value per share is Rs 2. The company will announce the year ended March 2010 […]


Sterlite Industries Bonus Issue and Stock Split

Copper maker Sterlite Industries rose 5.62% after the company’s board of directors recommended issue of bonus shares in the ratio of 1:1 and a 2-for-1 stock split at the time of announcing Q4 results during trading hours. Consolidated net profit surged 130.82% to Rs 1380.90 crore in Q4 March 2010 over Q4 March 2009.