Nutraplus India gains 5% on bonus, stock split approval

Moneycontrol BureauShare price of Nutraplus India added 5 percent intraday Tuesday as it has approved stock split and bonus share issue.The company in its board meeting held on August 22, has approved the issuance of bonus shares in the ratio of 1:10.The board also approved sub-division of one equity share of Rs 10 each into two equity shares of Rs 5 each.The company's 26th annual general meeting is scheduled to be held on September 15, 2016.At 13:24 hrs Nutraplus India was quoting at Rs 90.15, up Rs 3, or 3.44 percent on the BSE.Posted by Rakesh Patil