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Electrosteel gets nod for share split

Our Bureau

Kolkata, Aug. 31 The shareholders of Electrosteel Castings Ltd today approved sub division of each equity share of the company of the face value of Rs 10 each into 10 equity shares of the face value of Re 1 each.

According to a press release, an ordinary general meeting of the company was held here today for the purpose. After the split, the total number of paid-up equity shares of the company would be 20,76,37,480.

The board of directors had earlier met on July 23 and approved the proposal to split the shares of the company, the release added.

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