1:6 Split: Rs 170 Stockbroking & Allied Stock Split To Below Rs 30; Rs 25k Gets Profit Of Rs 2.8 Lakh In 5 Yrs

Almondz Global Securities, a penny stock in the sector of stockbroking and allied, has split in the ratio of 1:6. After its stock split ratio, Almondz touched a new 52-week high and touched its 5% upper circuit before correcting. The penny stock has given robust gains in the long-term.

Almondz turned ex-split on July 23, which was also the record date for the purpose of sub-division/ split of existing Equity Shares of the Company, such that 1 (one) equity share having face value of Rs. 6/- (Rupees Six only) each, fully paid-up,
be sub-divided/split into 6 (Six) equity shares having face value of Re.1 /- (Rupee One Only) each, fully paid- up, ranking pari- passu in all respects.

Almondz Global Securities Limited (Formerly known Alliance Securities Ltd) was incorporated in June 28, 1994. The Company is involved in providing professional advisory and consultancy services in the areas of equity and debt capital markets, private equity, infrastructure advisory, equity broking & wealth management, debt portfolio management services and distribution.