Eicher Motors Ltd Board approves Sub-division of Equity Shares

The Board of Directors of Eicher Motors Ltd at its meeting held on June 12, 2020, has approved sub-division of equity shares of the Company from the existing one (1) equity share of face value of Rs.10/- each into ten (10) equity shares of face value of Rs. 1/- each. The Record Date for the purpose of sub-division of equity shares shall be decided after obtaining approval for sub-division from the shareholders at the ensuing Annual General Meeting and will be intimated in due course.

Shares of EICHER MOTORS LTD. was last trading in BSE at Rs.16846 as compared to the previous close of Rs. 16418.85. The total number of shares traded during the day was 9512 in over 4138 trades.

The stock hit an intraday high of Rs. 16970.2 and intraday low of 15451. The net turnover during the day was Rs. 155001025.

Source : Equity Bulls

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