May 2, 2006
The media had reports that Divi's Laboratories Limited may consider a bonus issue and also a stock split.
The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company.
Divi's Laboratories Limited has vide its letter inter-alia stated, "We wish to clarify that the company has no proposal for stock split or bonus issue."
Source: National Stock Exchange of India Limited
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