Record Date Fixed: Multibagger Small Cap Textile Stock Decides Date For 1:1 Bonus Issue

Multibagger small cap textile sector stock, Gloster Ltd has today fixed the record date for bonus issue in the ratio of 1:1. The record date is December 17, 2022. The stock has given 176% return in last 3-years. The company has a market capitalisation of Rs 954 crore. Check vital details below:

1. Board Of Gloster Ltd Fixes Record Date For 1:1 Bonus Issue

The board of directors of the company stated in the BSE filing dated November 30, 2022, "Pursuant to Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company has fixed Saturday, December 17, 2022, as the Record Date for the purpose of ascertaining the eiigibiiity of Shareholders for the issuance of fully paid up Bonus Shares in the ratio of 1:1 (i.e. One equity share of Rs. 10/- each fully paid up for every One existing equity share of Rs. 10/- each) subject to approval of Shareholders which is being obtained in an Extra Ordinary General Meeting."

2. Gloster Ltd Stock Performance

The last trading price of the stock is Rs 1744 apiece with intraday gain of 0.52%. The stock's 52-week high is Rs 2024 apiece and 52-week low is Rs 850 apiece.

3. Gloster Ltd Return

The stock has jumped 176% in last 3-years, 69% in last 1-year, and 51% in just 3-month. In last 1-month, the shares of the company rallied 51%.

4. Gloster Ltd About

The Company is engaged in manufacturing and exporting of all types of Jute & Jute allied products, Woven & Non-Woven Jute Geotextiles, Treated Fabric-Rot Proof, Fire Retardant, jute products for Interior Decoration and Packaging of Industrial and Agricultural produce.

Disclaimer

The stock gives detail pertaining to record date of bonus issue. 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.