State Trading Corporation of India informed DalalStreet.Biz, that a meeting of the board of directors of the company will be held on 26 September 2007, to recommend bonus shares in a ratio of 1:1 . Shares of State Trading Corporation of India had hit a high of Rs 238.35, a record high for the scrip. The company’s current equity is Rs 30 crore. Face value per share is Rs 10.
Tata group company, Trent Ltd has announced partnership with Benetton India to introduce Luxury Retailing in India under the brand name Sisley.