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Super Spinning Mills stock split on Sept 8

Our Bureau

Coimbatore , Aug. 2

Super Spinning Mills Ltd, Coimbatore, has fixed September 8 as the record date for the 10:1 stock split.

In a notification to the NSE, the company said that the board at its meeting held on July 31 decided to implement the decision of sub-division of the face value of the company's equity shares from Rs 10 each to Re 1 each, as approved by the shareholders at the annual general meeting held on July 7 and September 8 has been fixed as the record date.

It said that the validity of the shareholders' resolution passed on allotment of warrants to promoters on preferential basis has lapsed, as no allotment was made within such period, as per the SEBI (Disclosure and Investor Protection) Guidelines, 2000.

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