Brief: SMS Pharmaceuticals approves 1:10 stock split

SMS Pharmaceuticals

09/10/2015 08:06

Oct 9 (Reuters) - SMS Pharmaceuticals Ltd  SMSP.NS : 
 * Approved the sub division of the equity shares in 1:10 ratio 
 * Source text: 
SMS Pharmaceuticals Limited has informed the Exchange that the Board of Directors at its meeting held on October 09, 2015 has:1. Considered and approved the Sub division of the equity shares of Rs.10/- each of the Company into 10 (ten) shares of Rs. 1/- each commonly known as "Stock Split" and recommended the matter to the Members of the company for their approval by way of postal ballot. 
 
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