Author: findoc
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Unimech Aerospace Debuts at 90% Premium Over IPO Price; Shares Slip 10% Post-Listing
Unimech Aerospace and Manufacturing Ltd. made a remarkable debut on the Indian stock exchanges on December 31, 2024, with its shares listing at a substantial premium over the initial public offering (IPO) price. IPO Details and Listing Performance The company offered its shares in the price band of ₹745 to ₹785 per share. Upon listing,…
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Jagsonpal Pharmaceuticals Announces 2:1 Stock Split
Jagsonpal Pharmaceuticals, a well-established small-cap player in the pharmaceutical sector with a market capitalization of ₹1,904 crore, has revealed the record date for its first-ever stock split. This strategic move aims to improve stock liquidity and make the shares more accessible to a broader base of investors, further enhancing market participation. Details of the Stock…
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Jai Balaji Industries Announces 5:1 Stock Split to Enhance Liquidity
Jai Balaji Industries Ltd, a leading name in the Indian iron and steel industry, has announced its first-ever stock split, aimed at increasing liquidity and attracting a broader base of investors. As per the company’s recent filing, each equity share with a face value of ₹10 will be subdivided into five shares with a face…
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Shriram Finance Announces Stock Split in 5:1 Ratio
Shriram Finance Ltd, a prominent non-banking financial company (NBFC) in India, has announced a stock split in the ratio of 5:1, reducing the face value of its equity shares from ₹10 to ₹2 each. The company has fixed January 10, 2025, as the record date to determine shareholder entitlement for the stock split. Details of…
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ITC Announces Record Date for Demerger of Hotels Business
Kolkata-based conglomerate ITC Ltd has announced January 6, 2025, as the record date for the much-anticipated demerger of its hotels business into a standalone entity, ITC Hotels Limited (ITCHL). The separation is set to take effect on January 1, 2025, following approvals from the National Company Law Tribunal (NCLT) and other regulatory bodies. Key Details…
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KPI Green Announces Bonus Issue and Key Developments
KPI Green Energy Limited has garnered investor attention with its announcement of a bonus issue in a 1:2 ratio, alongside significant business developments. The company, a leading player in renewable energy, continues to solidify its position in the industry with robust financial performance and strategic partnerships. Bonus Issue Details KPI Green Energy has fixed Friday,…
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Bharat Global Developers Ltd. Announces Bonus Issue and Stock Split
Ahmedabad-based Bharat Global Developers Ltd. has announced its first-ever bonus issue and stock split, aiming to reward shareholders and increase trading liquidity. The company, known for its operations across multiple sectors including real estate, agriculture, and infrastructure, continues to strengthen its market presence with this strategic corporate action. Record Date for Bonus & Stock Split…
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Kamdhenu Ltd. Announces Stock Split to Enhance Liquidity and Accessibility
Kamdhenu Ltd., a leading steel products manufacturer in India, has announced its first stock split. The company’s board approved dividing each equity share with a face value of ₹10 into ten shares with a face value of ₹1. This decision aims to boost stock liquidity and make shares more affordable for small investors. Key Stock…
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Aayush Wellness Announces Bonus Issue Amid Strategic Expansion
Aayush Wellness Limited has approved a bonus issue of 1,62,25,000 equity shares in a 1:2 ratio, granting one bonus equity share for every two shares held. The company will determine eligible shareholders on Thursday, December 26, 2024, the record date. Details of the Bonus Issue The bonus issue highlights Aayush Wellness’s robust financial health and…
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Linc Ltd Declares 1:1 Bonus Issue and Stock Split
Linc Ltd., a prominent player in India’s stationery market, has announced its first-ever bonus issue and stock split. This significant milestone reflects the company’s commitment to rewarding shareholders and enhancing stock liquidity while underscoring its dedication to shareholder value. Record Date for Bonus and Stock Split The company has set December 20, 2024, as the…