Munjal Auto Industries has informed that the board of directors of the company has approved December 30, 2011 as a record date for the subdivision of shares (stock split) for the purpose of ascertaining the eligibility of the shareholders/beneficial owners of the company who would be entitled to five equity shares of Rs 2 each for every one equity share of Rs 10 each held, whose names appear on the register of members of the company as on the record date.
The above information is part of the company’s filing submitted to the BSE.