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BLB to split itsshares, proposes 15% interim
PRESS TRUST OF INDIA
NEW DELHI, MARCH 6: BLB Ltd, a stock broking firm, has decided to spilt its Rs 10 share into Re one share and recommended an interim dividend of 15 per cent to its shareholders. The company has also decided to offer Employee Stock Option Plan (ESOP) whereby employees of BLB has an option to subscribe to equity shares of the company."ESOP certainly will boost the motivation of employees and to become partners in progress of the company, BLB statement said today.BLB is the first stock broking firm in the country to offer ESOP. It said the extra-ordinary general meeting of the company will be held on April 3, for approving the stock split and ESOP. Copyright © 2000 Indian Express Newspapers (Bombay) Ltd.
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