Multibagger NBFC Stock Sets Record Date For 10:6 Bonus Shares & Stock Split, Soars Over 500% In 1 Yr

Global Capital Markets Ltd., an RBI-registered NBFC, in its Board meeting held on 6 April 2023 fixes the record date for the 10:6 bonus share and stock split for the Financial Year 2022-23. The company operates in the financial industry as NBFC. The Company is traditionally engaged in the business of investment in shares and securities and providing finance on short-term and long-term basis. It is a microcap company with a market valuation of Rs 82.17 Crore.

Fixes Record Date for Sub-Division & Bonus Shares

The company in its regulatory filing to BSE has said, "With reference to the above captioned matter and pursuant to Section 91 of the Companies Act, 2013 and in compliance with Regulation 42 of SEBI LODR Regulations, 2015, members are hereby informed that the Company has fixed Record date of 20th April 2023 for subdivision in face value of Equity Shares of ₹ 10/- to ₹ 1/- each and issue of Bonus Equity Shares in the ration of 10:6, under Regulation 42 of SEBI LODR Regulations, 2015. The revised details of the same are given below:"

Scrip Code : 530263
ISIN Code : INE062C01034
Record Date : April 20, 2023
Purpose : Sub-division in Face Value of Equity Shares & Issue of Bonus Equity Shares in the ratio of 10:6

Stock Performance and Outlook

The stock hit 4.99% upper circuit and closed at Rs 33.01/share on BSE. The stock hits its 52 week high on 20 December 2022 at Rs 45/share and 52 week low on 1 June 2022 at Rs 3.79/share, respectively. The stock gave 21.45% positive return in the past 1 week. However, it has given 2.45% negative return in 1 month. It has given a multibagger return of 522.83% in 1 year and 731.75% in 5 years.

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