Andhra Paper Ltd approves stock split

The board of directors of Andhra Paper Ltd has approved the Sub-Division / Split of 1 (One) Equity Share of face value of Rs.10/­ (Rupees Ten Only) each fully paid up into 5 (Five) Equity Shares of Rs. 2/- (Rupees Two Only) each fully paid up, subject to the approval of the members of the Company in the ensuing 60th Annual General Meeting, such other statutory / regulatory approvals as maybe required.

Shares of ANDHRA PAPER LIMITED was last trading in BSE at Rs. 524.80 as compared to the previous close of Rs. 519.25. The total number of shares traded during the day was 29466 in over 1821 trades.

The stock hit an intraday high of Rs. 535.00 and intraday low of 515.45. The net turnover during the day was Rs. 15506438.00.

Source : Equity Bulls

Keywords

ANDHRAPAPER INE435A01028 SubDivision StockSplit 5For1