Falcon Tyres fixes record date for stock split
Falcon Tyres today announced that it has fixed September 29 as the record date for the purpose of determining the members eligible for the stock split and bonus shares.
- Falcon Tyres to raise Rs 300 cr; board decides to split stock
- Falcon Tyres zooms 256% post open offer
The company will split a share of Rs 10 each into shares of Rs 5 each and issue of bonus shares of 2 shares for every 1 share held after the split of shares.
The company’s stock was trading at Rs 981.60, nearly 5 per cent higher than Thursday’s close
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