Small shareholders of the Cochin International Airport Limited (CIAL) have reasons to cheer. A meeting of the company’s board of directors on Saturday decided to issue additional shares worth Rs.1.48 crore to small shareholders. The special benefit will be subject to Central government clearance. The small shareholders had raised the demand at the annual general body meeting last year. The shares will be issued at a ratio of 1:1, subject to a maximum of 2,000...
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