Bharat Dynamics Ltd approves stock split

The Board of Directors of Bharat Dynamics Ltd at their meeting held today, 21 March 2024 has considered and approved the sub-division/ split of existing 1 (One) Equity Share of face value of Rs. 10/- (Rupees Ten Only) each fully paid up into 2 (Two) Equity Shares of face value of Rs. 5/- (Rupees Five Only) each fully paid up, subject to shareholders' approval. The record date for the purpose of above sub-division/ split of Equity Shares shall be decided after obtaining approval for sub-division/ split from the shareholders through postal ballot electronic voting process and will be intimated in due course. The Postal Ballot Notice along with the e-voting instructions shall be sent only through e-mail to those shareholders who hold shares as on the cut-off date Friday 22 March 2024 and whose email address is registered with the Company's RTA/ Depository Participants (DP)

Shares of Bharat Dynamics Limited was last trading in BSE at Rs. 1661.55 as compared to the previous close of Rs. 1619.75. The total number of shares traded during the day was 45470 in over 3994 trades.

The stock hit an intraday high of Rs. 1684.75 and intraday low of 1654.00. The net turnover during the day was Rs. 75939340.00.

Source : Equity Bulls

Keywords

BharatDynamics INE171Z01018 BDL Defence StockSplit 2For1