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Wintac Rights Issue
Wintac spurted 9.77% to Rs 36.50 on BSE, after the company said its board will meet on 18 March 2010 to consider the issue of equity shares on rights basis. The stock hit a high of Rs 36.55 and a low of Rs 36.50 so far during the day. The stock had hit a 52-week [...]
Record Date - KM Sugar Mills Stock Split
K M Sugar Mills has fixed 29 March 2010 as the record date for the purpose of sub-division / stock split of Rs. 10 per share of the company into five equity shares of Rs. 2 each. KM Sugar Mills rose 3.21% to Rs 37 on BSE, after the company fixed 29 March 2010 as [...]
Record Date - Indo Asian Finance Bonus Issue
Indo Asian Finance has fixed 19 March 2010 as the record date for the purpose of determining the eligible shareholders for issue of bonus shares at the rate of 2:1 (at the rate of 2 shares for every share).
Record Date - Suprajit Engineering Stock Split and Bonus Isssue
Suprajit Engineering was locked at 5% upper limit at Rs 171.90 at 12:29 IST on BSE, after the company fixed 20 March 2010 as the record date for a 5-for-1 stock split and a liberal 1:1 bonus issue. The company announced the record date during trading hours today, 11 March 2010.
The company is engaged in [...]
IPO Analysis - IL&FS Transportation Networks Limited
IL&FS Transportation Networks Limited is entering the capital markets with an initial public offering (IPO) at the price band of Rs. 242-258 per share to raise Rs. 7 bn. The issue comprises of an offer for sale of 4.28 million equity shares by Trinity Capital Limited and a fresh issue of more than 22.85 million [...]
Manappuram General Finance Bonus Issue & Stock Split
Manappuram General Finance & Leasing Ltd has announced that a meeting of the Board of Directors of the Company will be held on March 18, 2010 to consider Bonus Issue, Stock Split / subdivision of shares. The stock closed the day at Rs.692.80, down by Rs.7.20 or 1.03%. The stock hit an intraday high of [...]
Record date - IVRCL Infrastructures & Projects Bonus Issue
IVRCL Infrastructures & Projects has fixed 19 March 2010 for allotment of bonus shares. IVRCL Infrastructures and Projects Limited (IVRCL) declared bonus issue of equity shares in the ratio of 1:1.
Empower Industries Bonus Issue Approved
The members of Empower Industries India have approved the issue of bonus shares in the ratio of 23:2 to the existing shareholders of the company. The members have approved to increase the authorised share capital of the company from Rs 2 crore to Rs 25 crore. Further, the members have approved the issue of 3 [...]
Videocon Industries Rights Issue - Price Fixed
Videocon Industries Ltd has announced that the Board of Directors of the Company at its meeting held on March 10, 2010, inter alia, has fixed price of Rs. 225/- (Rupees Two Hundred Twenty Five Only), inclusive of premium, per Equity Share for Issue of Equity Shares on Rights Basis. The ratio of Two Equity Shares [...]
