More Shares For Investors! 5:1 Stock Split, Record Date Fixed; How To Trade?

One Indian non-banking financial institution (NBFC) that provides a range of financial services is Capital India Finance Limited. It offers loans to retail customers, real estate, and small and medium-sized businesses (SMEs). With a market valuation of Rs 1,369.50 Cr, Capital India Finance's shares closed Tuesday 0.03% higher at Rs 176.05 a share after the Board declared record date for 1:5 stock split.

Capital India Finance Stock Split

"Pursuant to the provisions of Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations") and other applicable provisions, this is to inform that the Company has fixed Monday, February 17, 2025 as the Record Date for determining the entitlement of the equity shareholders of the Company for the purpose of sub-division / split of 1 (one) equity share having face value of INR 10 (Indian Rupees Ten only) each fully paid-up into 5 (five) equity shares having face value of INR 2 (Indian Rupees Two only) each fully paid-up," said Capital India Finance in a stock exchange filing.

Capital India Finance Q3 Result Date

"Pursuant to the provisions of Regulation 29 and other applicable provisions, if any, of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we, Capital India Finance Limited ("Company"), wish to inform that a meeting of the Board of Directors of the Company is scheduled to be held on Friday, February 14, 2025, to inter-alia consider and approve the un-audited financial statements (standalone and consolidated) of the Company for the quarter & nine months period ended on December 31, 2024," Capital India Finance informed stock exchanges.

"Further, in continuation to our letter vide Ref. No.: CIFL/BSE/2024-25/50 dated December 26, 2024, regarding intimation for closure of Trading Window, pursuant to the provisions of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 (as amended) and Prohibition of Insider Trading Code of the Company, the trading window for dealing in securities of the Company, has been closed from January 01, 2025, and will continue to remain closed till February 16, 2025 (both days inclusive), for its Designated Persons/ Connected Persons and their immediate relatives for prevention of insider trading," as per a regulatory filing filed by Capital India Finance.

Capital India Finance Share Price Target

"Capital India stock price is bearish on the Daily charts with strong resistance at 180. A Daily close below support of 170 could lead to a target of 162 in the near term," commented A R Ramachandran, Independent Research Analyst.

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