Kpit Cummins Board to consider stock split & bonus issue

Kpit Cummins Infosystems Ltd has announced that a meeting of the Board of Directors of the Company will be held on November 08, 2006, inter alia, to consider the following:

a. 1:1 Bonus issue, i.e., one bonus equity share for each equity share held in the Company.

b. Stock split from existing par value of Rs 5 per equity share to Rs 2 per equity share.

Source : Equity Bulls

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