India May Allow National Aluminium Split Shares, Chronicle Says -Shanghai Metals Market

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India May Allow National Aluminium Split Shares, Chronicle Says

Industry News 10:38:53AM Jul 27, 2010 Source:SMM

MUMBAI, July 27 -- India's government may allow National Aluminium Co. to issue free shares and split the stock to boost liquidity, the Financial Chronicle reported, citing a mines ministry official it didn't identify. The state-owned metals producer prefers a stock split to selling a stake in the company, the newspaper said.

 

 

Key Words:  NALCO 

India May Allow National Aluminium Split Shares, Chronicle Says

Industry News 10:38:53AM Jul 27, 2010 Source:SMM

MUMBAI, July 27 -- India's government may allow National Aluminium Co. to issue free shares and split the stock to boost liquidity, the Financial Chronicle reported, citing a mines ministry official it didn't identify. The state-owned metals producer prefers a stock split to selling a stake in the company, the newspaper said.

 

 

Key Words:  NALCO