ITD Cementation: stock split takes effect

| Updated on January 23, 2018 Published on August 20, 2015

21ITD col.eps

ITD Cementation India shares are likely to trade in the range of ₹80-90 on Friday, as it turns ex-split. It has fixed August 24 as the record date for the purpose of ascertaining the eligible shareholders to receive split shares. The company proposes to subdivide the face value of the shares from ₹10 to ₹1. A little over 10,000 retail shareholders hold 11.67 per cent stake in the construction major. Besides, about eight mutual funds have sizeable holdings in the company.

Published on August 20, 2015
This article is closed for comments.
Please Email the Editor