Nakoda Textile Bonus Issue and Stock Split Plan
Nakoda Textile Industries surged 5.37% to Rs 81.50 on BSE, after the company said its board will meet on 3 December 2009 to consider issue of bonus shares and a 2-for-1 stock split.
The company manufactures partially oriented yarn, polyester texturised yarn and polyester filament yarn. The company operates in two segments, namely, trading and manufacturing. Its plant is located at Surat, Gujarat. It operates only in India.
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