Stock Split 2024: Ok Play India to Consider Subdivision this Month

Inventory Break up 2024: Okay Play India to Think about Subdivision this Month

The market cap of this small-cap inventory is round 400 crore and with the expansion, the corporate has logged a 225 per cent rise right now.

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Picture for representational functions

Inventory break up 2024: Okay Play India Restricted shares are amongst as one of many multibagger shares that the Indian inventory market has delivered within the final one 12 months. The inventory of the corporate has risen from round ₹46.50 to ₹150 apiece ranges. The market cap of this small-cap inventory is round 400 crore and with the expansion, the corporate has logged a 225 per cent rise right now.

Nonetheless, you will need to be aware that after this unprecedented return to its long-term buyers, OK Play India Ltd has determined to proceed specializing in the marginal buyers who’ve a small quantity for funding.

Listed below are among the key updates:

  • The Board assembly of Okay Play India Restricted will likely be held on thirtieth January 2024.
  • The board will think about and approve the inventory break up.
  • The corporate has mentioned that the Indian inventory market bourses that it might be contemplating the proposal for a inventory break up in its upcoming board assembly.
  • OK Play India shares are one of many multibagger shares that Dalal Avenue has produced within the final one 12 months.
  • Within the final one month, this multibagger inventory has slipped to the tune of 11 per cent whereas, within the final six months, it has risen 123.50 to ₹150 apiece stage.

In newest alternate submitting, OK Play India Ltd knowledgeable Indian inventory market exchanges in regards to the inventory break up proposal saying, “We want to inform you that pursuant to regulation 29 of the Securities and Alternate Board of India (Itemizing Obligations and Disclosure Requirement) Rules, 2015 a gathering of the Board of Administrators of the Firm is being convened on Tuesday, the thirtieth day of January, 2024: Sub-division/ break up of current fairness shares of face worth of Rs. 10/- every, totally paid-up, by alteration of Capital Clause of the Memorandum of Affiliation of the Firm.”

Disclaimer: The article is for informational functions solely and never funding recommendation.



Rajesh

Meet Rajesh, our astute reporter dedicated to delivering daily insights into the dynamic world of business. With a keen understanding of market trends and a passion for unraveling the complexities of commerce, Rajesh brings you the latest in the business landscape.

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