Graphite India Board approves stock split

Graphite India Ltd has announced that the Board of Directors of the Company at its meeting held on October 30, 2006, inter alia, has approved split of the face value of each equity share of the Company from the present Rs 10/- to Rs 2/-, subject to the approval of the shareholders of the Company and any other approvals, if any.

Further the Company has informed that, an Extra Ordinary General Meeting of the Company is being convened on December 01, 2006 to obtain members approval for the same.

Source : Equity Bulls

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