GMR Infrastructure Limited has informed the Exchange that:
1) The Board of Directors of the Company, in its meeting held on July 30, 2009, accorded approval for sub-division of all its equity shares of Rs.2/- each into 2 equity shares of Re.1/- each (per share), subject to the approval of members of the Company at the forthcoming Annual General Meeting.
2) The Board of Directors has adjourned the Board meeting for consideration and approval of un-audited financial results of the company for the quarter ended June 30, 2009 to July 31, 2009.
The stock of GMR closed at 143.85 closed up by 1.52%.
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Filed under:
Indian Stock market, News
alas, the management of the company did not have the courtesy to inform share holders