Multibagger Small Cap Textile Stock Fixes Record Date For Bonus Issue, Stock Split

Small cap textile stock, Vinny Overseas Ltd has fixed February 24, 2023 as the record date for the purpose of bonus issue and sub-division of shares. Earlier, the board of Vinny Overseas approved 13:10 bonus share and 1:10 stock split. The stock has already given multibagger returns to investors with 218% return in just a span of 3-months. Check details below:

1. Vinny Overseas Sets Record Date For 13:10 Bonus Issue, 1:10 Stock Split

According to the BSE filing, "The Board of Directors of the Company has passed the necessary resolution, on 14th February 2023 and has fixed the record date on Friday, 24th February 2023 for the purpose of 1. sub-division of 1 equity share of Rs. 10/- each into 10 equity shares of Rs. 1/-each ful1y paid up. 2. Issue of bonus shares in the ratio of 13:10."

2. Vinny Overseas Stock Performance & Return

The last trading price of the stock is Rs 266.00 apiece with intraday surge of over 2%. The stock's 52-week high is Rs 283.10 apiece and 52-week low is Rs 81.00 apiece, respectively. The company has a market capitalisation of Rs 269.03 crore.

3. Vinny Overseas About

Vinny Overseas Limited came into existence in 1992. Before this the company used to trade in the name of Mohanlal Mahavirchand Impex Pvt. Ltd. It exports to various countries in Dubai, Behrain, Indonesia, Sri Lanka, U.S.A., China, Brazil, Oman etc.

It aims to emerge a global leader by incorporating highest levels of quality through a combination of technology, service, creative marketing, pricing and cost efficiency.

Disclaimer

The stock gives details pertaining to stock split, bonus share, and record date. Greynium Information Technologies and the author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.