Small Cap Stock Fixes Record Date For Issuance of Bonus Share In 2:1 Proportion

Small cap stock, Jayant Infratech Ltd on February 8, 2023 fixed March 1, 2023 as the record date for issuance of bonus share in the proportion of 2:1. The stock soared 316% in last 1-year only. The technology driven company has excellence in railway electrification & infrastructure projects. Check details below:

1. Jayant Infratech Decides Record Date For 2:1 Bonus Share

According to the regulatory filing, "It is hereby intimated that the Company has fixed Wednesday, March 01, 2023 as the Record Date, for the purpose of ascertaining the eligibility of shareholders entitled for issuance of Bonus Equity Shares of the Company in the proportion of 2:1 i.e (two) bonus equity shares of Rs. 10 each for every 1 (One) fully paid-up equity share held as on record date."

2. Jayant Infratech Stock Performance & Return

The last trading price of the stock is Rs 332.00 apiece with 52-week high at Rs 675.00 apiece and 52-week low at Rs 76.00 apiece, respectively. The company has a market capitalisation of Rs 107.42 crore. The stock fell 48% in last 3-months, soared over 316% in last 1-year.

3. About Jayant Infratech

Jayant Infratech Ltd came into existence 2003. Its major work encompasses electrification of new & existing Railway tracks helping nation to reduce dependability of fossil fuels thereby reducing the carbon print foot.

Its services include concept to commissioning of Railway Infrastructure right from design to energization. It has completed thousands of KMS of electrification & erected several traction substation in a span of 20 years.

Disclaimer

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