Signet Industries board approves stock split

The splitting of equity share capital of the Company from the face value of Rs. 10 to Rs. 1 each subject to the approval of shareholders.

Jun 04, 2015 04:06 IST India Infoline News Service

signet industries
Signet Industries Limited's Board at its meeting held on May 28, 2015 has approved the splitting of equity share capital of the Company from the face value of Rs. 10 to Rs. 1 each subject to the approval of shareholders.

The company has approved the adoption of new set of Articles of Association and alterations in the Memorandum of Association of Company pursuant to the provisions of Companies Act, 2013, subject to the approval of shareholders.
The stock of the company is trading at Rs. 210 up by 3.55%. It has hit  a high of Rs. 210 and low of Rs. 195.

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