Multibagger NSE Stock Below Rs 90 Set To Consider Stock Split, Bonus Share

Board of directors of small cap stock Ishan International Limited will hold a meeting on December 14, 2023 to consider and approve bonus issue and stock split. Last trading price of Ishan International share on NSE is Rs 73.50 apiece with intraday gain of 1.03%. Ishan International shares offered return of 116% in last 3-months and offered 76% rally in last 1-year. Check details below:

Ishan International To Consider & Approve Bonus Share: The meeting of board of directors are scheduled to take place on December 14, 2023 to consider and approve the following proposals:

1. Increase in Authorized Capital: To consider and, if thought fit, recommend an alteration (increase) in the authorized share capital of the company in the proportion determined by the Board, subject to the approval of the shareholders and regulatory authorities.

2. Bonus Share: To consider and, if thought fit, approve the issue of bonus shares to the shareholders of the company in the proportion determined by the board, subject to the approval of the shareholders and regulatory authorities.

3. Stock Split/SubDivision of Shares: To consider and, if thought fit, recommend the sub-division of the equity shares of the company in the proportion determined by the board, subject to the approval of the shareholders and regulatory authorities.

Ishan International Stock Performance & Return: Last trading price of Ishan International share is Rs 73.50 apiece. Its 52-week high price is Rs 87.00 per share and 52-week low price is Rs 17.20 per share, respectively. The company has a market capitalisation of Rs 52.98 crore. Ishan International shares fell 9% in last 1-week, soared 10% in last 1-months, gained 116% in last 3-months, and offered rally of 76% in last 1-year.

Ishan International About: Ishan International Ltd is a Government of India Certified Star Export House, and professionally managed Company with 28+ years of experience in supplying international quality products and services for diverse markets and industries across globe. Ishan has a broad product portfolio which includes Hydro Power Plants (Electro-Mechanical), Wind Power, Transformers/Sub-stations, Generators, Sugar Machinery, Boilers, equipment for Cement Plants, Water Treatment and Bottling Plants, Pollution Control Equipment, Pharmaceutical Machinery, APIs & Chemicals. according to its official website.

Disclaimer: The stock just highlights the bonus share, stock split and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stock mentioned. Neither, the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.