The Members of Schaeffler India Limited through postal ballot have approved Sub-division of Equity shares of the Company from One (1) Equity Share having face value of Rs. 10/- each (Rupees Ten Only) into Five (5) Equity Shares having face value of Rs. 2/- each (Rupees Two Only) fully paid up.
The Board of Directors of the Company has fixed the Record Date as Wednesday, February 9, 2022 for Determining eligibility of Members for the purpose of Sub-division of One (1) Equity Share having face value of Rs. 10/- each (Rupees Ten Only) into Five (5) Equity Shares having face value of Rs. 2/- each (Rupees Two Only).
Shares of Schaeffler India Limited was last trading in BSE at Rs. 9564.25 as compared to the previous close of Rs. 9354.25. The total number of shares traded during the day was 1521 in over 490 trades.
The stock hit an intraday high of Rs. 9604.95 and intraday low of 9375.00. The net turnover during the day was Rs. 14537285.00.