Multibagger Trading Stock, Zoomed From Rs 10 To Rs 158 In 5 Years, Sets Record Date For 1:1 Bonus Share

Board of directors of leading trading sector stock IFL Enterprise Ltd has fixed record date for 1:1 bonus share. The company has a market capitalization of Rs 143.72 crore at the time of writing the story. The company has no debt since the last 5 years. The small cap company operates as an investment company. Check key takeaways below:

IFL Enterprise Ltd Declares Record Date For 1:1 Bonus Share

The board of directors of the company has declared record date for bonus issue and said in its regulatory filing, "This is to inform that pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) 2015, the resolution for approving Bonus Issue of equity shares was passed by the shareholders of the Company in the Annual General Meeting held on 09th September 2022, the Company has fixed Wednesday, 21st September, 2022 as the Record Date, for the purpose of ascertaining the eligibility of Shareholders entitled for issuance of fully paid up Bonus Shares in the ratio of 1:1 (i.e. issue of 1 (One) equity share for every existing 1 (one) equity shares of Rs 10/- each subject to in-principal approval of BSE Limited."

The company has declared September 21, 2022 as the record date for bonus share.

IFL Enterprise Ltd Stock Outlook

The current market price of the stock is Rs 158 apiece. The stock has gained 2.60% intraday.

IFL Enterprise Ltd 52-Week High/Low

The stock's 52-week high is quoted at Rs 158 apiece and the 52-week low is quoted at Rs 19 apiece.

IFL Enterprise Ltd Market Capitalization

The company has a market capitalization of Rs 143.72 crore.

IFL Enterprise Ltd About

The company is engaged in the business of acquisition, trading of shares, stocks, bonds etc. It also carries on the business of all kinds of fabrics and other similar products. The small cap company came into existence on January 23, 2009.