LIC Housing Finance : Split announcement

by khalid on 14/12/2010 · 0 comments

LIC Housing Finance Limited (LICHFC) has informed the share market (BSE) that the share holders have approved to splitting of the company’s shares in a ratio of 1:5 as part of its plan to improve the liquidity of its scrip. LIC Housing Finance shares of Rs 10 face value each will be split into five equities shares of Rs 2 face value each. LIC Housing Finance Ltd. is one of the largest Housing Finance company in India. Incorporated on 19th June 1989 under the Companies Act, 1956, the company was promoted by LIC of India and went public in the year 1994.

Share’s Data :-
BSE Code : 500253
Market Cap : Rs 9,037.80 Crores
LIC Housing Finance Ltd. share’s CMP is Rs 952.35 on 14th Dec 2010.

Stay tuned to BelltheBull Blog for more on LIC Housing Finance Limited !

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