Business   

Geojit to subdivide Rs.10 share

Staff Reporter

KOCHI: Geojit Financial Services Limited has decided to subdivide the Rs.10 equity shares of the company into 10 shares of Rs. 1 each to facilitate easy accessibility to the shares by investors and enhanced liquidity, a company press release said.

The subdivision of the shares will come into effect on a record date to be announced later.

The board of the company also approved a final dividend of 22.5 per cent (interim 17.5 per cent), taking the total dividend payment to 40 per cent for the year ended March 2006.

Printer friendly page  
Send this article to Friends by E-Mail

Stories in this Section

LIC launches Bhima Gold-2 in jubilee year
Rupee convertibility in phases by 2011: RBI panel
Trade rules must not curb developing countries: UNCTAD
Union Bank's cash certificate scheme
RBI names Task Force
United Bank mobilises Rs. 1,500 cr.
HTMT hives off IT/ITeS business
Geojit to subdivide Rs.10 share
HDFC opens office in Pathanamthitta
Canara Bank cuts interest rates on NRE, FCNR (B) deposits
NGO to launch company for organic products
Rupee steady
Sensex gains 79 points
Forex expert's dissenting note
Exchange rates
Bullion rates
TVS opens new service pit
Office-bearers of SI Tea Exporters Association
Bayer Diagnostics to hive off diabetics business
L&T bags Rs. 1,150 cr order from IOC
Alchemist to merge with Kaiser Hospital
PVR's multiplex gets five-year tax exemption
DoT invites bids for USO mobile project
Inflation rate falls
Forex reserves drop $41 m
Apollo Hospitals sells 50 p.c. stake in AHIL

Copyright © 2006, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu