IT Sector Small Cap With Over 650% Return In 3 Yrs Fixed Record Date For 1:1 Bonus Shares

IT sector stock Innovana Thinklabs Ltd. has fixed the "Record Date" for 1:1 Bonus Shares in its Board meeting held on 25 March 2023. According to the exchange filing, the company fixed the "Record Date" for Bonus Share as March 30, 2023. The company considered & approved the Bonus share on February 14, 2023, according to the regulatory filing by the company. Innovana Thinklabs is a small-cap NSE-listed stock having a market capitalisation of Rs 641.65 crore. Check below to know the key takeaways:

Innovana Thinklabs' Stock Market Price, Performance & Returns

The shares of Innovana Thinklabs last traded at Rs 626 apiece, down 4.86% as compared to the previous close of Rs 658 apiece. The stock's current market price is 150.40% up from its 52 week low of Rs 250 apiece and 15.41% down from its 52 week high of Rs 740 apiece. The stock in the last 1 week has fallen 4.43% and in the last 1 month 12.93%, respectively. In 3 months it has given 22.75% positive return. In 1 year it has given 52.68% positive return. In the last 3 years, it has given 696.94% multibagger returns.

Fixed Record Date For 1:1 Bonus Share

In its exchange filing the Board of Directors of Innovana Thinklabs Ltd. said, "Pursuant to Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended, We would like to inform you that board of Directors have fixed Thursday, March 30, 2023 as the 'Record Date' for the purpose of ascertaining the eligibility of Shareholders for issuance of 1,02,50,000 Bonus Equity Shares in the ratio of 1:1 (1 (One) new equity Bonus share of Rs. 10/- each for every 1(One) existing equity Shares of Rs. 10/- each)."

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