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Q.

Jindal Split suggest surrender Jindal strips 50 shares, get.:jindal steel and powers -40 shares,jindal stainless ltd - 110 shares and Nalwa investments-8 shares. Apply same Ratio, I will get JSPL 22.4 x 5 = 112 and 61.6 Jindal stainless + 4.48 Nalwasons
Jindal strips was spitted to 2 shares of Rs.5. when I was having 14 shares of Jindal strips means 14 X 2 became 28 shares in 1993
My 14 shares are like 28 to calculate splits. Please make correction in round figures for me with thanks. .

About: Company: Jindal Steel & Power Ltd.

Tags: thanks, shares, correction
Asked by Mohammed Saleem, 23 Dec '07 06:35 pm
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Answers (2)

1.

u r correct
Answered by kamal sachdeva, 23 Dec '07 06:37 pm

 
  
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2.

i had jindal strips-50 nos. in 1993.I forgot. i requested them to get conversion in 2006.They allotted 40 shares of jspl,11 shares of jindal stainless and 8 shares pf nalwa in 2007.Is this proportionate is correct as on 2007 or should i get more than this.
pl revert on motiwala_paresh08@yahoo.co.in
Answered by PARESH MOTIWALA, 26 Dec '07 11:35 am

 
  
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