Orient Paper Board approves Stock Split

Orient Paper & Industries Ltd has informed that the Board of Directors of the Company at its meeting held on November 14, 2007, has decided, subject to approval of the Stock Exchanges, Depositories and such other approvals as may be required, to split / sub-divide the existing equity shares of Rs 10/- each into 10 shares of Rs 1/- each and to amend Clause V of the Memorandum of Association of the Company accordingly.