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Bangalore , June 21

RAJESH Exports Ltd has informed the Bombay Stock Exchange that its board of directors has recommended the splitting of stock of the company from the face value of Rs 10 per share to Rs 2 per share.

Following the decision, every shareholder of the company would be allotted shares in the ratio of 1:5. The board's recommendation would be put for approval by the shareholders at its AGM scheduled to be held on August 13.

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