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CHL Recommends Stock-split

CHL Ltd. has approved the sub-division of its equity shares of Rs.10 each into five equity shares of Rs.2 each, subject to the approval of the Shareholders in their Extra Ordinary General Meeting.

The board considered convening an Extra Ordinary General Meeting of the company on March 21, 2014 to consider the stock-split.

At the BSE, CHL shares are currently trading at Rs.60, up 2.56 percent from the previous close.

by RTT Staff Writer

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