Upcoming Stock Split: Multibagger NBFC To Split For 1st Time In Nov, Shares Gain 13.87%

Small cap company engaged in NBFC sector, Regis Industries Ltd today informed about its upcoming meeting of Board of Directors scheduled to be held on November 18, 2024. The company will consider the proposal of stock split/sub-division of shares. Last trading price of Regis Industries shares on BSE is Rs 177.70 per share with intraday gain of 3.25%. Regis Industries shares registered rally of 13.87% in last 2-weeks tenure. Its market capitalisation stood at Rs 305.78 crore. This is the firm time Regis Industries plans to split/sub-divide its share. It has never announced any bonus shares and dividend. Check details below:

Regis Industries To Consider Stock Split On November 18: As per the exchange filing of Regis Industries dated October 22, 2024, "In terms of the provisions of Regulation 29 and 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Meeting of the Board of Directors of our Company will be held on Monday, 18th November 2024 at the Registered Office of the Company for consideration of sub-division of Equity Shares."

Stock Split

Regis Industries Shares Performance: The 52-week high price of Regis Industries shares on BSE is Rs 204.15 per share (as on 21/10/2024) and 52-week low price is Rs 85.50 per share (as on 12/11/2023), respectively. Regis Industries shares gained 28% in last 1-months, soared 65% in last 6-months, and offered return of 86% in last 1-year. In last 2-years, Regis Industries stock offered return of 1167%.

Regis Industries About: It came into existence with an object to conduct the business of investment in shares & securities. It was incorporated as on 14th May, 1982 and since then working as NBFC company and mainly deals in investment in shares & securities.

Disclaimer:

The stock highlights the 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.

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