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    IRB Infrastructure Developers board approves share split

    Synopsis

    It has an asset base of over Rs 60,000 crore in 10 states across the parent company and two Infrastructure Investment Trusts (InvITs), IRB infrastructure said.

    IRB Infrastructure Developers board approves share splitAgencies
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    IRB Infrastructure Developers on Wednesday said its board has approved the proposal for alteration in the equity capital by split of existing share with a face value of Rs 10 per share into 10 shares with a face value of Re 1 each. The company in a statement said it will now initiate for shareholders' approval and regulatory nods to bring the share split into effect for trading on stock exchanges.

    It has an asset base of over Rs 60,000 crore in 10 states across the parent company and two Infrastructure Investment Trusts (InvITs), IRB infrastructure said.



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    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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