Danube Industries Ltd board recommends stock split

The Board of Directors of Danube Industries Ltd at its meeting held on Monday, 13th December, 2021 has recommended the proposal for sub-division of Company's one (1) Equity Share of face value of Rs. 10/- each into five (5) Equity Shares of face value of Rs. 2/- each, subject to the approval of shareholders.

The board also recommended alteration of Capital Clause (Clause V) in the Memorandum of Association of the Company, subject to the approval of shareholders.

Shares of Danube Industries Ltd was last trading in BSE at Rs. 74.35 as compared to the previous close of Rs. 73.50. The total number of shares traded during the day was 5633 in over 39 trades.

The stock hit an intraday high of Rs. 75.00 and intraday low of 70.00. The net turnover during the day was Rs. 414290.00.

Source : Equity Bulls

Keywords

DanubeIndustries INE575D01033 StockSplit SubDivision