Earum Pharmaceuticals Ltd Board approves split of shares of the Company

The board of directors of Earum Pharmaceuticals Ltd has considered and approved split / sub-division of nominal value of 1 (one) equity share of Rs. 10 (Rupees Ten Only) each into five (5) equity shares of face value Re. 2/- each subject to necessary permissions and approvals.

The rationale behind the stock split is to encourage wider participation of retail and small investors by making the share price more affordable, as also to enhance the liquidity of the equity shares at the Stock Markets.

Shares of Earum Pharmaceuticals Ltd was last trading in BSE at Rs. 115.75 as compared to the previous close of Rs. 110.25. The total number of shares traded during the day was 43143 in over 362 trades.

The stock hit an intraday high of Rs. 115.75 and intraday low of 115.00. The net turnover during the day was Rs. 4992431.00.

Source : Equity Bulls

Keywords

EarumPharmaceuticals INE060601015 Pharmaceuticals StockSplit SubDivision Liquidity