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Shreeoswal Seeds and Chemicals Limited is set to trade ex-split within 2 days, on Friday, Aug 18, 2023. The Board of Directors of the company in a meeting held on Aug 01, 2023, informed the same to the NSE.
The stock to trade ex-split of existing equity shares of the company from 1 equity share having a face value of Rs 10 each fully paid-up, into 5 equity shares having a face value of Rs 2 each fully paid-up as of record date.
"the Board of Directors/Committee has fixed "Friday 18th August, 2023" as the record date for the purpose of determining the entitlement of Equity Shareholders for the purpose sub-division/split existing equity shares of the Company from 1 (one) equity share having face value of Rs.10/- (Rupees Ten only) each fully paid-up, into 5 (five) equity shares having face value of Rs. 2/- (Rupees Two only) each fully paid-up as approved by the Equity Shareholders by way of Postal Ballot mechanism through remove e-voting facility on July 26, 2023," the Board said in an exchange filing.
Shreeoswal Seeds and Chemicals' stock on Wednesday closed 4.47% higher at Rs 347.15 per share on NSE. It hit an intraday high of Rs 350.70 and an intraday low of Rs 330.50. The stock jumped 6.46% in 1 week. In 1 year, it gave 228.12% multibagger return. In 5 years, it has given 1178.64% robust return.
The stock touched 52-week high at Rs 423.35 per share on June 02, 2023, and 52-week low at Rs 296.60 per share on July 31, 2023.
Shreeoswal Seeds and Chemicals Limited is a smallcap FMCG company that operates in the Agricultural Foods & other products industry. It is a producer, exporter and supplier of well-processed, dehusked and filtered seeds. The market cap of the company is Rs 504.15 Crore
Disclaimer- The stock just highlights the Stock Split and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stock mentioned. Neither the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.
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