Sharda Motor Industries Ltd Board approves Sub-division of Equity Shares

The Board of Directors of Sharda Motor Industries Ltd at its meeting held on February 10, 2021, has approved a proposal for the subdivision of the face value of the equity shares of the Company from the present Rs. 10 per equity share to Rs. 2 per equity share i.e. 1 equity share to be split into 5 equity shares, (having no financial impact in the above standalone unaudited financial results), subject to the approval of the shareholders and other regulatory approvals.

Shares of Sharda Motor Industries Ltd was last trading in BSE at Rs.2390 as compared to the previous close of Rs. 2322.7. The total number of shares traded during the day was 1108 in over 311 trades.

The stock hit an intraday high of Rs. 2398.95 and intraday low of 2240.65. The net turnover during the day was Rs. 2550679.

Source : Equity Bulls

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