Well Pack Papers Board has informed the market that in the meeting that was held on January 23rd 2010 it has approved the Bonus issue and also the Sub Division of Equity shares .
Bonus and Split Details

>Bonus at the rate of 1:4 , which means 1 share for every 4 share held.
>Accorded approval to the sub-division of the face value of Equity Shares of the Company from Rs 10/- each to Rs. 1/- each and, accordingly, the Authorised Share Capital of 80,00,000 Equity Shares of Rs 10/- each shall be sub-divided into 8,00,00,000 Equity Shares of Rs 1/- each and the issued and paid up capital of 44,35,020 equity shares of Rs 10/- each in the share capital of the company be sub-divided into 4,43,50,200 equity shares of Rs 1/- each fully paid-up.

Well Pack Papers Bonus Issue and Spilt is a post from: First Blog for Indian Financial Market