Berger Paints, Eco Friendly to turn ex-split

Shares of Berger Paints India and Eco Friendly Food Processing Park will turn ex-stock split on the bourses on Thursday. While Berger Paints will reduce its face value from ₹2 to ₹1, Eco Friendly Food will cut its face value to ₹1 from ₹10. That means, Berger Paints will start trade in the range of ₹210-220, while the BSE-listed Eco Friend will be in ₹50-60 range. However, those who are buying the shares of these companies from Thursday will not be entitled to receive the ex-stock split shares.