More

    Small-cap inventory below ₹20 declares document date for 1:10 inventory break up, 2:1 bonus shares

    Small-cap inventory below 20: Pradhin Restricted, on Monday, February 24, introduced that the agency had fastened its document date as March 7, 2025, for the inventory break up and the bonus situation of the corporate’s fairness shares. 

    The corporate introduced a inventory break up of 1 fairness share with a face worth of 10 per share into 10 fairness shares with a face worth of Re 1 per share, in keeping with the BSE knowledge. (Inventory break up ratio 1:10)

    Pradhin additionally introduced a bonus situation of two shares for each one fairness share held by the shareholder for a sure time frame. The bonus situation ratio shall be 2:1. 

    “We wish to inform you that the corporate has fastened Friday, 07th March, 2025 because the File Date, for the aim of ascertaining the eligibility of the shareholders entitled for the next issues, in accordance with the approval of shareholders obtained by way of postal poll on Friday, twenty first February, 2025,” stated the corporate within the BSE filling.

    Pradhin Share Worth

    Pradhin Restricted shares closed 4.94 per cent larger at 16.99 after Monday’s inventory market session, in comparison with 16.19 on the earlier market shut. The corporate introduced the inventory break up and bonus situation transfer after market working hours on February 24.

    Pradhin shares have given inventory market buyers 494 per cent returns since its itemizing on the home indices within the early 2000s. Nevertheless, the inventory has misplaced practically 60 per cent within the final 5 years and nearly 63 per cent within the final one-year interval.

    The iron and metal product maker’s shares hit their 52-week excessive stage at 53.27 on August 29, 2024, whereas the 52-week stage low was at 15.43 on February 20, 2025, in keeping with the BSE knowledge. The shares are buying and selling simply above their 52-week stage.

    Pradhin Restricted’s market capitalisation was at 57.47 crore as of Monday’s market shut.

    Disclaimer: The views and suggestions above are these of particular person analysts, consultants and broking corporations, not of Mint. We advise buyers to test with licensed consultants earlier than making any funding choice.

    Stay in the Loop

    Get the daily email from CryptoNews that makes reading the news actually enjoyable. Join our mailing list to stay in the loop to stay informed, for free.

    Latest stories

    You might also like...