 "Borosil Glass surges 12% as board approves stock split")
Borosil Glass Works
surged 12% to Rs 8,300 on BSE in intra-day trade after the company announced that its board approved split of equity shares of the Company from Rs 10 per share to Re 1 per share.
In order to facilitate affordability of the company’s shares for investors at large and to enhance the liquidity of the company’s equity shares in the stock market, the most of companies proposed to bring down the nominal face value of equity shares.
In order to facilitate affordability of the company’s shares for investors at large and to enhance the liquidity of the company’s equity shares in the stock market, the most of companies proposed to bring down the nominal face value of equity shares.
Borosil Glass Works has equity capital of Rs 2.31 crore, of which 74.28% shares hold by the promoters.
Meanwhile,
Meanwhile,
