Stock Splits 2024: 1 Small Cap To Go Ex-Split, NBFC Likely To Declare Stock Split

2 stocks will witness action pertaining to stock split in the month of June. These two stocks are Money Masters Leasing and Visco Trade Associates Ltd. Money Masters Leasing informed about its upcoming meeting of Board scheduled to be held on June 25 to consider sub-division/split while Visco Trade Associates share will trade ex-split on June 14, 2024. Money Masters Leasing share offered 382% return in last 1-year and Visco Trade share gave 306% return in last 1-year. More details below:

Money Masters Leasing Likely To Declare Stock Split: According to the BSE filing of Money Masters dated June 6, 2024, "Meeting of the Board of Directors of the company is scheduled to be held on Tuesday, June 25, 2024 to consider the following matter:

To consider a proposal for alteration in the share capital of the Company by sub-division/ stock split of existing equity shares having a face value of Rs 10 each, fully paid up.

To consider an increase in the authorized share capital of the company.

To consider a consequential amendment to the capital clause of the memorandum of association of the company.
Any other business with the permission of the chair which is incidental and ancillary to the business."

Money Masters Leasing Share Performance & Return: The last trading price of Money Masters Leasing shares on BSE is Rs 146.15 per share. The 52-week hgh price of Money Masters Leasing shares on BSE is Rs 189.95 per share (as on 06/05/2024) and 52-week low price is Rs 26.18 per share (as on 04/08/2023). Money Masters Leasing shares declined 14% in last 1-month, offered return of 110% in last 6-months and gave return of 3379% in last 3-years.

Visco Trade Associates To Trade Ex-Split: As per the BSE filing of Visco dated May 31, 2024, "Board of Directors of the Company has fixed Friday, June 14, 2024 as the Record date for the purpose of determining the eligibility of shareholders of the Company for the Split/ Sub-division of shares of the Company from Face Value of Rs. 10/- each to Face value of Rs. 2/- each, as approved by the shareholders of the Company at the Extra-Ordinary General Meeting of the Company held on Monday, April 29, 2024."

Visco Trade Associates Share Performance: The last trading price of Visco Trade Associates shares on BSE is Rs 320.70 per share. The 52-week high price of Visco Trade Associates share on BSE is Rs 353.90 per share (as on 02/05/2024) and 52-week low price is Rs 72.00 per share (as on 04/08/2023). The company has a market capitalisation of 154.03 crore. Visco Trade Associates shares offered return of 114% year-to-date, soared 306% in last 1-year, and rallied 3047% in last 3-years.

Disclaimer:

The stocks highlight the stock split and are not 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.