Shares of steel pipes manufacturer Hi-Tech Pipes will turn ex-split on Friday, March 17. The company has announced to split its shares in the ratio of 10-for-1 (10:1), meaning each share having a face value of Rs 10 will be sub-divided into 10 shares. The new face value of each share will be Re 1 after the split takes effect. Also, the market price of each share will also be adjusted in the split ratio.
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