Cinevistaas Board to consider stock split

Cinevistaas Ltd has announced that a meeting of the Board of Directors of the Company will be held on August 20, 2007, inter alia, to consider the following:

1. Stock Split from Rs 10/- to Rs 2/-.

2. Increase in the Authorised Share Capital from Rs 12,00,00,000 to Rs 20,00,00,000/-.

3. Forfeiture of partly paid shares.

The stock was trading at Rs.69.05, up by Rs.3.25 or 4.94%. The stock hit an intraday high of Rs.69.05 and low of Rs.63.55. The total traded quantity was 72399 compared to 2 week average of 11496.

Source : Equity Bulls

Keywords