The Board of Directors of India's first integrated multi-national highway infrastructure developer, IRB Infrastructure Developers Limited has today approved the split/sub-division of existing share with face value of 10/- per share in 0 shares with face value of 1 per share. The stock has gone through a wonderful journey from around 55 to 290 levels in three years, giving a return of 450 per cent in this time horizon. The company will now initiate for shareholders' approval and regulatory nods. The company said that it is done with the aim to enhance the liquidity in the capital market, to widen shareholder base. and to make the shares more affordable to small investors. The record date will be announced later, however it will be completed by 28 February, 2023.
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Denne historien er fra January 2023-utgaven av Indian Economy & Market.
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Globalism, Freedom & Democracy Do Not Mix
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IN CONVERSATION: "We are working with a Vision 2035. I'm sure within next 5 years we will be ranking among the Fortune 500 companies.”
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DECODING THE CHINA MYTH
Myths die hard. Among these is the great myth that China's poised to take over the world. Here, James Rickards debunks that myth.
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