Visaka Industries Ltd approves 5:1 stock split

The Board of directors of Visaka Industries Ltd has approved the Sub-Division / Split of 1 (One) Equity Share of face value of Rs.10/- (Rupees Ten Only) each fully paid up into 5 (Five) Equity Shares of Rs. 2/- (Rupees Two Only) each fully paid up, subject to the approval of the members of the Company, such other statutory / regulatory approvals as maybe required. The record date for the sub-division of equity shares shall be decided by the Board / Management Committee of the Board and will be announced to the exchanges.

Shares of Visaka Industries Limited was last trading in BSE at Rs. 385.75 as compared to the previous close of Rs. 382.80. The total number of shares traded during the day was 36850 in over 96 trades.

The stock hit an intraday high of Rs. 388.00 and intraday low of 383.80. The net turnover during the day was Rs. 14215005.00.

Source : Equity Bulls

Keywords

VisakaIndustries INE392A01013 5For1 StockSplit SubDivision