Microcap stock split, bonus issue: Last day to buy for eligibility
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Microcap stock Milkfood Ltd. approved a 1:1 bonus issue of shares, along with a subdivision of the company's shares from a face value of Rs 10 per share to Rs 5 per share, earlier in June. The record date for both the subdivision and bonus issue of shares was announced later in August, and it was set for August 13. “We wish to inform you that the Company has fixed Tuesday, 13th August 2024 as the “Record date” for determining the eligibility of members for the purpose of sub-division of the equity shares of the Company from Face Value of Rs. 10/- each fully paid-up to Face Value of Rs. 5/- each fully paid-up and issuance of Bonus Shares in the ratio of 1:1,” the company said in a previous filing to the exchanges. Also read: Ola Electric to announce Q1 results on August 14 in first board meeting after listing This will be the company's first instance of issuing bonus shares and conducting a stock split, according to data available ...