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Friday, September 18, 2009

Falcon Tyres fixes Record Date for Stock Split & Bonus Issue

Falcon Tyres Ltd has announced that September 29, 2009 has been fixed as the Record Date for the purpose for determining the Members who will be eligible for the Split of Rs. 10/- per share of the Company into the shares of Rs. 5/- each and Bonus Shares of 2 shares for every 1 share held after the split of shares.

The stock was trading at Rs.981.60, up by Rs.46.70 or 5%. The stock hit an intraday high of Rs.981.60 and low of Rs.950.

The total traded quantity was 1091 compared to 2 week average of 1030.