Shares of Esteem Bio Organic Food Processing will turn ex-split from Wednesday. The company plans to reduce the face value of its shares from ₹10 now to ₹1. The shares, currently ruling at around ₹440, will start trading in the ₹40-50 range from February 11. Those who buy Esteem Bio Organic shares on Wednesday will not receive the split shares. The BSE SME-listed company last year had announced a rights issue in the ratio of 2:3 to raise about ₹1 crore.
Esteem Bio turns ex-split on Wednesday
Published on
February 10, 2015 16:13
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