1:8 Bonus Shares: November 01 Record Date; Buy Penny Stock Under Rs 30?

In the State of West Bengal, Sellwin Traders Limited (STL) was established on September 29, 1980, in accordance with the Companies Act of 1956. The company's current business verticals include property investments, real estate and property services providers, investment and trading in shares and securities, financial and consulting services, real estate and property, and commodity trading. The company's primary business operations have been providing services linked to real estate and properties, trade and investment in shares and securities, making real estate investments, and offering consulting services in other areas.

Sellwin Traders Bonus Shares Record Date

"We wish to inform you that the Company has fixed Friday, November 01, 2024 as the 'Record Date' for the purpose of ascertaining the eligibility of Shareholders entitled for issuance of Bonus Equity Shares of the Company in the proportion of 1 (One) new fully paid up Equity Share having face value of Rs. 2/- each for every 8 (Eight) existing fully paid up Equity Share having face value of Rs. 2/- each, subject to the approval of Shareholders of the Company at the ensuing Extra ordinary General Meeting to be held on Monday, October 21, 2024," said the company in a stock exchange filing.

Sellwin Traders Stock Split Record Date

"In terms of Regulation 42 of the SEBI Listing Regulations, we wish to inform you that the Company has fixed Friday, November 01, 2024 as the 'Record Date' for the purpose of determining the eligibility of Shareholders for the purpose of sub-division /split of every 1 (One) Equity share of face value of Rs. 10/-(Rupees Ten only) each fully paid up to 5 (Five) Equity shares of the face value of Rs. 2/- (Rupee Two only) each fully paid-up, subject to the approval of Shareholders of the Company at the ensuing Extra ordinary General Meeting to be held on Monday, October 21, 2024," said Sellwin Traders in a regulatory filing.

Sellwin Traders Share Price Target

"Sellwin Traders is sideways to bearish on the Daily charts with strong resistance at 26. A Daily close below support of 24 could lead to a target of 21.3 in the near term," recommended A R Ramachandran, Independent Research Analyst.

Disclaimer

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