Ashok Buildcon is trading higher by 7.5% to Rs 207after infrastructure company announced bonus issue and stock split plan.
The board of directors of the company will meet on May 10 to discuss the issue of bonus shares and the splitting of equity shares of the company from face value of Rs 10 each to lower denomination.
The board will also consider the audited financial results of the company for the quarter & year ended March 31, 2013 (Q4) and declare final dividend, subject to shareholders approval, Ashok Buildcon said in a BSE filing.
The stock opened at Rs 198 and hit a high of Rs 208 on NSE. A combined around 9,132 shares changed hands on the counter so far on NSE and BSE.
The board of directors of the company will meet on May 10 to discuss the issue of bonus shares and the splitting of equity shares of the company from face value of Rs 10 each to lower denomination.
The board will also consider the audited financial results of the company for the quarter & year ended March 31, 2013 (Q4) and declare final dividend, subject to shareholders approval, Ashok Buildcon said in a BSE filing.
The stock opened at Rs 198 and hit a high of Rs 208 on NSE. A combined around 9,132 shares changed hands on the counter so far on NSE and BSE.
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