Temptation Foods Board to consider stock split

Temptation Foods Ltd has announced that a meeting of the Board of Directors of the Company will be held on August 21, 2007, inter alia, to transact the following business:

1. To reconsider preferential offer of Equity Shares to the Promoters of the Company.

2. To consider preferential offer of Equity Shares to persons other than Promoters.

3. To consider issue of Foreign Currency Convertible Bonds (FCCBs) to persons other than Promoters.

4. To consider splitting up of the face value of the Equity Shares.

The stock closed the day at Rs.132.35, up by Rs.5.95 or 4.71%. The total traded quantity was 14800 compared to 2 week average of 77730. The stock hit an intraday high of Rs.132.65 and low of Rs.128.10.

Source : Equity Bulls

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