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Hindustan Composite fixes record date for stock split and bonus issue

Capital Market 

Record date is 26 May 2017

Hindustan Composite announced that the Record Date has been fixed as 26 May 2017 for the purpose of ascertaining the eligibility of shareholders for: 1) Sub-division of existing 1 (One) equity share having face value of Rs. 10/- (Rupees Ten only) each fully paid-up into 2 (Two) equity shares having face value of Rs. 5/- (Rupees Five only) each; and 2) Issue of bonus shares in proportion of 1:2 {i.e. 1 new bonus equity share of Rs. 5/- (Rupees Five only) each for every 2 (Two) equity shares of Rs. 5/- (Rupees Five only) each held) (Post split face value per equity share).

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, May 15 2017. 09:26 IST