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2006 Clippings |
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Navneet Declares First Interim Dividend And Splits Shares From Rs.10/- Paid-Up To Rs.2/- Paid Up (Oct 5, 2006) |
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Navneet Publications (India) Ltd. (NPIL) leading educational publishers, have sub-divided its shares from one share of Rs.10/- each to Rs.5 shares of Rs.2/- each.
The Company had fixed 5 th October 2006 as the 'Record Date' for ascertaining members entitled to receive First Interim Dividend 2006-2007 of 60% and to ascertain the members entitled to receive the Share Certificates in respect of shares of Rs.2/- per share on sub-division.
The Company has informed the Stock Exchanges that National Securities Depository Ltd. (NSDL) and Central Depository Services (India) Ltd. (CDSL) have credited the shares of Rs.2/- paid-up to the new ISIN Number in the Beneficiary Account of the Members holding shares of Rs.10/- paid-up in the Electronic Mode as on 5 th October 2006, being the 'Record Date'.
Physical Share Certificates of the nominal face value of Rs.2/- per share in lieu of physical share Certificates of the nominal face value of Rs.10/- are being issued to the Shareholders holding shares in the physical form as at 5 th October 2006. |
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Place: Mumbai
Date: 6 th October 2006 |
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