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Showing posts with the label share capital

PC Jewellers shares rise 4% on considering stock split in upcoming board meeting

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[hfe_template id='11223'] [ad_1] Shares of PC Jewellers today surged 4% to its new all-time high of Rs 157.30 on BSE after the company on Tuesday announced that it will consider and approve a stock split in its upcoming board meeting scheduled on September 30. “A meeting of the Board of Directors of the Company will be held on Monday, September 30, 2024, inter-alia, to consider and approve the alteration in the share capital of the Company by sub-division / split of existing equity shares having face value of Rs.10/- each, fully paid-up, as may be determined by the Board of Directors and consequent alteration of Memorandum of Association of the Company,” said the company in a filing to the exchanges. The company also informed that in the same meeting, it will also consider the appointment of new directors of the company. In case the company proceeds with the decision of the stock split, this will be the first instance of the company doing so, according to the data availa...

Multibagger stock to split 1:2 on July 18, last day to buy today

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[hfe_template id='11223'] [ad_1] Multibagger stock KPI Green Energy had announced July 18 as the record date for the purpose of its 1:2 stock split. This means that today is the last day to buy the shares in order to qualify for the split, since July 17 is a market holiday. Earlier in the month of May, KPI Green Energy had announced that it will be splitting its shares in the ratio 1:2, which means that for every share having face value of Rs 10, there will now be 2 shares having face value of Rs 5. The record date for the purpose of the split was later announced in early July. Investors who purchase the stock on the record date are not eligible to avail the benefit of the split. “The Board of Directors of the Company has fixed Thursday, July 18, 2024 as the ‘record date’ for determining the eligibility of Shareholders for the purpose of subdivision/split of equity share having face value of Rs. 10/- (Rupees Ten only) each, fully paid-up into 2 (Two) equity shares having...