Nimbus Industries’ stocks increased close to 5pct

Nimbus Industries’ stocks increased close to 5pct, hitting the 52-week higher of Rs85.60, following board considered and okayed the sub-division / split of Firm’s equity stock of face value of Rs10 every into two equity stocks of face value of Rs5 each and every, subject to authorization of the stock holders in the EGM planned to keep on Dec 13, 2011.

Additional firm furthermore okayed the modification of name of the Firm to a suitable name as okayed through the Registrar of Firms in order to project its group_Identity, subject_to the authorization of share holders under section 21 read with section 192 (A) of the firms Act, 1956 as well as other regulatory approvals as may_be required.

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