logo
Share SHARE
FONT-SIZE Plus   Neg

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

For comments and feedback: editorial@rttnews.com

Business News

More Breaking News

0 Articles
Editors Pick
Lab equipment maker Thermo Fisher Scientific Inc. has agreed to acquire electron microscope maker FEI Co. for about $4.2 billion in cash, the two companies said Friday. Thermo Fisher noted that FEI's electron microscopy platform will complement its own mass spectrometry systems to accelerate advancements in structural biology. While reporting a wider loss for the first quarter, Sears Holdings Corp. said it has decided to "aggressively evaluate" all potential alternatives for its top brands - Kenmore, Craftsman and DieHard or KCD, and the Sears Home Services or SHS businesses. Sears has retained Citigroup Global Markets and LionTree Advisors to assist in its efforts. Philips Lighting, the splinter group of Dutch consumer electronics giant Philips, saw its shares rally around 8.50 percent on its debut on Friday at the Amsterdam stock exchange. The shares are currently at 21.70 euros, above its set pricing of 20 euros per share.
comments powered by Disqus
Follow RTT