Corporate Radar: Alstone Textiles bonus issue, stock split & more
Shares of Alstone Textiles will trade both ex-split and ex-bonus today. The bonus share issue has been announced in the ratio of 9:1, whereas the stock split is in the ratio of 1:10, as shares of face value of Rs 10 will be split into shares of new face value of Re 1 each. MFS Intercorp will announce its quarterly results. Besides, Globe Commercials' board will meet today to consider bonus share issue.