Phoenix Mills, Kulkarni Power fix record dates for stock split

Phoenix Mills and Kulkarni Power surged on Tuesday after both the companies announced record dates for splitting of respective shares.

MUMBAI: Phoenix Mills and Kulkarni Power surged on Tuesday after both the companies announced record dates for splitting of respective shares.

Phoenix Mills has fixed February 20 as record date for the purpose of sub-division of the face value of equity shares from Rs 10 each to Rs 2 per share.The stock was up 4.21 per cent at Rs 2136.50 on the BSE.

Kulkarni Power Tools has fixed February 21 as record date for the purpose of sub-division of shares of face value Rs 10 each into the equity share of Rs 5 per share. The scrip gained 14.72 per cent at Rs 220.50 on the BSE.
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