1:5 Stock Split Soon, 6,230% Returns In 5 Years: Smallcap NBFC To Consider Shares Sub-Division In August; WHO?

NBFC company with a smallcap status, Master Trust Ltd, is going to consider stock split in the ratio of 1:5 in its meeting scheduled in August. Master Trust which is currently below Rs 800 levels, is a multibagger. In 5 years, the stock has zoomed by nearly 6,230% on BSE.

As per regulatory filing, Master Trust said, the Meeting of the Board of Directors of the Company is convened to be held on Wednesday, 7th of August, 2024 at 4:00 P.M. at the Registered office of the Company at Ludhiana, inter alia:

- To consider the proposal of sub-division or existing share of the company from 1 equity share having face value of Rs 5 each, into 5 equity share having face value of Re 1 each.

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