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Board of Southern Ispat & Energy approves stock split

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Capital Market

At meeting held on 12 June 2014

Southern Ispat & Energy announced that the Board of Directors of the Company at its meeting held on 12 June 2014, have approved sub-division of the Company's existing One (1) fully paid equity shares of nominal value of Rs 10 each into 10 equity shares of nominal value of Rs 1 each and consequent amendments to Memorandum of Association of the Company.

The Extra ordinary General Meeting to consider the same shall be held on 11 July 2014.

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First Published: Jun 12 2014 | 7:21 PM IST

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