ICSA India approves sub-division of shares

ICSA India approves sub-division of shares

The members of ICSA India (Q, N,C,F)* at its annual general meeting (AGM) held on Sep. 28, 2007 approved declaration of 38% final dividend on equity shares for the financial year 2006-07.

 

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The members authorized the board to borrow up to Rs 1 billion.

 

The members also approved sub-division of the face value of each equity share of Rs 10 each into 5 equity shares of the face value Rs 2 each.

 

The members delisted securities from Hyderabad Stock Exchange and also granted  employee stock options upto 1,00,000 options of Rs 10 each.


Shares of the company gained Rs 14.05 , or 0.83%, to Rs 1697.2. The total volume of shares traded were 3,760 at the BSE.(1.21 pm ,Friday ).

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