NBFC Penny Stock Sets Record Date For 10:1 Stock Split, Hits New 52-Week Low

Shree Securities Ltd. in its Board meeting, which was held on 23 March 2023 informed the exchange about the intimation for fixing the Record Date for Sub-Division (Split) of the face value of Equity Shares.

The board has Fixed 6th April 2023 as the "Record Date" for the approved 10:1 Stock split. On March 13, 2023, the company decided to withdraw the record date that was fixed as 16th March 2023.

Shree Securities' Stock Overview

The Shares of Shree Securities last traded at Rs 9.66 apiece and hit the new 52 week low. Its 52-week high is Rs 34.05 apiece. The stock closed after declining 4.92% as compared to the previous close. The stock has given 22.47% negative return in the past 1 week. Whereas, in the past 1 month, it has given 37.48% negative return and 60.97% negative return.

Intimation for fixing Record Date for Sub-division of face value of Equity Shares

According to the regulatory filing by the Board of Directors of Shree Securities Ltd., "In continuation to our intimation dated 13th March, 2023 and in compliance with Regulation 42 of SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015 and pursuant to Section 91 of the Companies Act, 2013, Members of the Company hereby informed that the Company has fixed Record Date for Sub-Division in the face value of Equity of Rs. 0/- to Re. 1/- each."

Scrip Code: 538975
Purpose: Sub-division in Face Value of Equity of Rs. 10/- to Re. 1/- each
Record Date: 6th April, 2023
ISIN: INE397C01018

About - Shree Securities Ltd.

Shree Securities Ltd. was incorporated on 23rd February 1994 in the State of West Bengal. It is registered as a Non-Banking Financial Company (NBFC) with RBI, Kolkata. The Company is engaged in the business NBFC activity and making both long-term and short-term investments in quoted as well as unquoted shares. The company also gives short-term and long-term loans to its borrowers. The company earns revenue by way of interest on loans so given to the borrowers. The Business of the company is to make both long-term and short-term investments in quoted as well as unquoted shares.

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