2:1 Bonus Issue: Small Cap Sets Record Date, Shares Zoom 314% In 2-Yrs

Small cap stock operating in trading sector, MRP Agro Ltd on Friday fixed Oct 13, 2023 as the record date for bonus share in the ratio of 2:1 which implies shareholders will be eligible to receive 2 bonus share for every 1 share held as on the record date. The company issued to the corporate announcement pertaining to bonus issue after market hours. MRP Agro shares witnessed a decline of 2.78% in trade on Friday. MRP Agro stock gained 163% in last 1-year and soared 314% in last 2-years. Check details below:

Board of MRP Agro Issues Record Date For Bonus Shares: As per the BSE filing of the company issued on September 29, 2023, "Pursuant to Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirement) Regulations, 2015 as amended, it is hereby intimated that the Company has fixed Friday, October 13, 2023 as the record date for the purpose of ascertaining the eligibility of shareholders for issuance of Bonus Shares in the ratio of 2 (two) new equity Bonus Share of Rs 10/- each for every 1(one) existing equity shares of Rs 10/- each held by the shareholders on the record date which was was recommended by the Board of Directors of the Company vide its meeting held on Monday, August 28, 2023."

MRP Agro Stock Outlook & Return: Last trading price of MRP Agro Ltd share on September 29, 2023 was Rs 138.05 per share with intraday fall of 2.78% on BSE. Its 52-week high price is Rs 182.89 per share and 52-week low price is Rs 52.55 per share, respectively. The company has a market capitalisation of Rs 41.13 crore. MRP Agro stock gained 44% in last 3-months, soared 58% in last 6-months, surged 84% YTD, and offered return of 162% in last 1-year. In last 2-years, MRP Agro shares gained 314%.

MRP Agro About: MRP AGRO LIMITED is engaged in trading of food grains, fly-ash and coal including Import and Export of such products with a large base of ever-growing consumers. The company has built a strong market and purchase such products domestically for supply to its consumers. The Company has been trading network in urban and rural areas. It was originally incorporated on April 13, 2018 as MRP Agro Private Limited.

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