World’s 5th largest watch manufacturer Titan Industries Limited has informed the share market (BSE/NSE) that the Board of Directors of the Company has approved sub-division of the equity share of Rs 10 each into ten equity shares of Rs 1 each and issuance of bonus shares in the ratio of 1:1 i.e. one new fully paid equity bonus share of Rs 1 each for every one existing equity share of Rs 1 each, by capitalization of reserves. The Record Date for the same will be announced soon. Titan is the world’s 5th largest watch manufacturer with a presence in 27 countries with over 100 million customers
Share’s Data :-
BSE Code : 500114
Mkt. Cap : Rs 17,915.62 Crores
Titan Industries Ltd. share’s CMP is Rs 4,035.05 on 29th Jan 2011.
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