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Torrent Pharma bonus, stock split

CHENNAI: The directors of Torrent Pharmaceuticals have approved a proposal to split the face value of equity shares of the company from Rs. 10 to Rs. 5. The directors have also approved issue of bonus shares in the ratio of one share for every share on a post-split basis. Both these decisions are subject to approval by shareholders at an extraordinary general meeting convened on January 25, 2006.

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