Stock split 2024: Small-cap stock Rushil Decor sets board meeting date to consider stock subdivision

Rushil Decor banal divided 2024 details

The small-cap institution informed the Indian stock market exchanges astir the banal divided proposal, saying, "In presumption of Regulation 29(3)(a) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Notice. is hereby fixed that a Meeting of the Board of Directors of the. Company is scheduled to beryllium held connected Friday, May 24, 2024, inter-alia, to see and o.k. the connection for sub-division / divided of existing Equity Shares of the Company, having a Face Value of ₹10/- each, afloat paid up, successful specified mode arsenic whitethorn beryllium determined by the Board of Directors, taxable to the support of Shareholders of the Company and immoderate different regulatory/ statutory approvals (if any)."

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"Further, pursuant to the provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the Company's Code of Conduct to Regulate, Monitor and Report Trading by Designated Persons, the Trading Window for dealing successful shares of the Company has already been closed with effect from April 01, 2024 and volition beryllium reopened aft expiry of 48 hours from the decision of committee gathering of the Company," Rushil Decor added.

Rushil Decor stock terms history

As mentioned above, shares of the institution were offered successful the superior marketplace successful June 2011 astatine a terms set of ₹63 to ₹72 per share. The mainboard IPO listed connected BSE and NSE connected July 07 2011, was 81.25 connected BSE and 74.50 connected NSE. After hitting the Indian banal marketplace connected July 07 2011, astatine a marginal premium, Rushil Decor's stock terms attracted beardown buying involvement connected the stock listing day and ended astatine ₹119.65 connected BSE and ₹119.50 connected NSE connected the listing date. In the opening of November 2017, the mainboard scrip came adjacent to ₹900 appiece levels arsenic well. However, the banal has remained nether the base-building mode successful YTD time. It has fixed astir 3 percent instrumentality to its shareholders successful 1 month. This humanities show suggests that the banal has the imaginable for growth, but it's important to enactment that past show is not indicative of aboriginal results.

Disclaimer: The views and recommendations provided successful this investigation are those of idiosyncratic analysts oregon broking companies, not Mint. We powerfully counsel investors to consult with certified experts earlier making concern decisions, arsenic marketplace conditions tin alteration rapidly, and idiosyncratic circumstances whitethorn vary.

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Published: 04 May 2024, 01:44 PM IST