Fedders Holding, an NBFC stock with market cap over Rs 1,000 crore, is going to split for the first time ever. The stock sub-division will be in the ratio of 10:1. In 5 years, this NBFC has skyrocketed by over 4,140% returns on BSE. Currently, the stock price is around Rs 891.
As per the regulatory filing, the Company has fixed Friday, 20' September, 2024 as the "Record date" for determining 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. 1/- each fully paid- up.
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