Banswara Syntex Ltd board recommends stock split

The Board of Directors of Banswara Syntex Ltd in their meeting held on Tuesday, 3rd May, 2022 has approved the Sub-division/Split of existing equity share of the Company from one equity share having face value of Rs. 10/- (Rupees Ten Only) each, fully paid-up into 2 (Two) equity shares having face value of Rs. 5/- (Rupees Five Only) each fully paid-up, subject to the Shareholders and other approvals as may be required.

The board also approved the Alteration of Capital Clause (Clause V) in the Memorandum of Association of the Company on account of Sub-division/Split of the Company's equity shares, subject to the Shareholders and other approvals as may be required.

Shares of Banswara Syntex Limited was last trading in BSE at Rs. 266.10 as compared to the previous close of Rs. 263.95. The total number of shares traded during the day was 1367 in over 105 trades.

The stock hit an intraday high of Rs. 274.10 and intraday low of 259.40. The net turnover during the day was Rs. 366204.00.

Source : Equity Bulls

Keywords

BanswaraSyntex INE629D01012 StockSplit SubDivision