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Home News BSE notifies multibagger stocks' split in 1:10 ratio. Record date, other details

BSE notifies multibagger stocks’ split in 1:10 ratio. Record date, other details

MULTI BAGGER STOCK,

Stock of Multibaggers: One of the multibagger stocks that the Indian stock market has produced in recent years is Artemis Electricals & Projects Ltd. shares. The record date for the stock split has been set by the small-cap company’s board of directors for March 31, 2023. The board of directors of the small-cap company has already decided to divide its stock in the ratio 1:10, which means that each stock will be divided into ten new ones. paid-up capital of a company listed on the BSE. To make these declarations of the organization official, BSE has given a notice in such manner affirming the stock region of the organization in the proportion of 1:10.

“Trading members of the Exchange are informed that Artemis Electricals & Projects Ltd. has fixed the record date for the purpose of sub-split of the equity shares of the company,” the BSE stated in the notice regarding the stock split record date. The stock sub-division of existing value offers will be finished from one value share, said the BSE notice. 10/- divided into ten Rs. equity shares 1/- each.” The record date for the stock subdivision has been added to the notice, which has been set for March 31, 2023.

“As per Regulation 42 of SEBI (LODR) Regulations, we refer to our letter dated December 27, 2022, in which we notified the announcement relating to the record date for the split of Ordinary (Equity) Shares as on March 31, 2023, and our letter dated September 08, 2022, in which we have issued the sub-split subject to the approval of the shareholders Board’s recommendation was communicated,” Multibagger Stock informed BSE in a recent exchange communication with the 10/- (Rupees Ten) shares of stock with a face value of? 1/- (one rupee) for each. We now wish to inform you that the “Record Date” for determining shareholders’ eligibility for subdividing face-value Ordinary (Equity) Shares has been set by the company for Friday, March 31, 2023. 10/- (Rupees Ten) in equity shares with a face value of 1/- (Rupee One), as approved by shareholders at the company’s 13th Annual General Meeting on September 30, 2022. Please put it in writing.

ARTEMIS ELECTRICALS,

The share price of Artemis Electricals has increased by up to 25% in the past month, while the small-cap stock has increased by over 80% year-to-date. However, this small-cap stock has risen by more than 150,000 percent in the past year, delivering multibagger returns to its long-term shareholders.

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