1st Ever Stock Split In 10:1 Ratio: Record Date In Due Course; Bearish/Bullish On Daily Charts?

September 8, 1980, saw the incorporation of J. Taparia Projects. The company's main goal is to supply different services to government and private projects. The company also maintains a variety of mills for Jute, Cotton, Wool, and fiber of all types and varieties for yarn and fabrics in addition to trading, dealing, processing, and manufacturing activities.

J. Taparia Projects Stock Split

"In order to improve the liquidity of the Company's share and to make it more affordable for small investors as also to broad base of the small investors, the Board of Directors of the Company, in its Board Meeting held on 31st August, 2024 has recommended to sub-divide (split) Company's 1 (One) Equity share of face value of Rs 10/- (Rupees Ten Only) each into 10 (Ten) equity shares of face value of Rs 1 /- (Rupee One Only) each without altering the paid up capital of the company, subject to the approval of members. The Record date for the aforesaid sub-division of the Equity Shares shall be fixed by the Board of Directors," said J. Taparia Projects in a stock exchange filing.

"Upon approval of the shareholders for sub-division of equity shares, in case the equity shares are held in physical form, the old share certificate(s) of face value of Rs 10/- each will stand cancelled on the record date and the new share certificate(s) of nominal value of Rs 1/- each, fully paid-up, will be dispatched to the shareholders. In case the equity shares are held in dematerialized form, the sub-divided equity shares will be directly credited to the shareholder's demat account on the record date in lieu of their existing equity shares," the company further informed stock exchanges.

"The remote e-voting period begins on Monday, 23rd September, 2024 at 09:00 A.M. and ends on Wednesday, 25th September, 2024 at 05:00 P.M. The remote e-voting module shall be disabled by NSDL for voting thereafter. The Members, whose names appear in the Register of Members / Beneficial Owners as on the record date (cut-off date) i.e. Thursday, 19th September, 2024, may cast their vote electronically. The voting right of shareholders shall be in proportion to their share in the paid-up equity share capital of the Company as on the cut-off date, being Thursday, 19th September, 2024," J. Taparia Projects stated in a regulatory filing.

J. Taparia Projects Latest News

"We would like to inform that the Board of Directors of the Company in its Board Meeting held on Saturday, 31st August, 2024 has decided to change the name of the Company from "J. Taparia Projects Limited" to "Annvrridhhi Ventures Limited" or "Annvrridhhi Foods Limited" or any other such name as may be approved by the regulatory authorities under The Companies Act, 2013 or any other rules, laws, acts, statutes or regulations as may be applicable to the company and alteration of Memorandum and Articles of Association of Company," the company highlighted in a stock exchange filing.

J Taparia Projects Share Price Target

"J Taparia Projects stock price is sideways to bullish on the Daily charts with strong support at 24.67. A Daily close above resistance of 28.5 could lead to a target of 34 in the near term," said A R Ramachandran, Independent Research Analyst.