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MUMBAI: Tata Metal to contemplate a inventory break up proposal on Could 3, the corporate stated on Sunday. With out specifying the ratio of the inventory break up, Tata Metal stated the Could 3 board assembly would contemplate a sub-division of the fairness shares having a face worth of Rs 10 every.
The inventory break up, the corporate stated, can be topic to regulatory and shareholder approvals. Shares of Tata Metal closed at Rs 1,320 apiece on Wednesday (the Mumbai market was shut on Thursday and Friday).
On Could 3, Tata Metal may also announce its fourth quarterly monetary outcomes and in addition advocate a dividend for FY22 for shareholders.
The inventory break up, the corporate stated, can be topic to regulatory and shareholder approvals. Shares of Tata Metal closed at Rs 1,320 apiece on Wednesday (the Mumbai market was shut on Thursday and Friday).
On Could 3, Tata Metal may also announce its fourth quarterly monetary outcomes and in addition advocate a dividend for FY22 for shareholders.
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