SG Mart Limited board approves 10 For 1 Stock Split

The Board of Directors of SG Mart Limited, at its meeting held today i.e., Monday, January 8, 2024, have approved sub-division/split of company's equity shares - 1 (one) Equity Share of the Company having a face value of Rs. 10/- each into 10 (Ten) Equity shares of the company having face value of Rs. 1 each, subject to the approval of shareholders to be obtained through Postal Ballot and such other approvals as may be required. In this regard, the record date for such division/ split shall be announced in due course.

The alteration of capital clause of Memorandum of Association of the Company consequent to the subdivision of the face value of the equity shares of the Company, subject to the approval of shareholders of the Company.

Shares of SG Mart Limited was last trading in BSE at Rs. 10505.10 as compared to the previous close of Rs. 10299.15. The total number of shares traded during the day was 734 in over 42 trades.

The stock hit an intraday high of Rs. 10505.10 and intraday low of 10505.10. The net turnover during the day was Rs. 7710743.00.

Source : Equity Bulls

Keywords

SGMart INE385F01016 StockSplit 10For1