Mauria Udyog Ltd approves stock split

The Board of Directors of Mauria Udyog Ltd at its meeting held on Monday, January 24, 2022 at 03:30 pm at Head Office of the Company situated at 602, Chiranjiv Tower, 43, Nehru Place, New Delhi-110019 considered and approved proposal to Sub-Divide the equity shares from the Face Value of Rs. 10/- to Face Value of Re. 1/- per equity share, Subject to approval of the shareholders.

The board also approved increasing the Authorized Share Capital from Rs. 30,00,00,000 to Rs. 50,00,00,000 divided into 50,00,00,000 Equity Share of Re. 1 each, subject to the implementation of sub division of Face value from Rs. 10 each to Face value of Re. 1 each, Subject to approval ofthe shareholders.

Shares of Mauria Udyog Ltd was last trading in BSE at Rs. 41.35 as compared to the previous close of Rs. 41.55. The total number of shares traded during the day was 17313 in over 210 trades.

The stock hit an intraday high of Rs. 43.00 and intraday low of 39.50. The net turnover during the day was Rs. 720525.00.

Source : Equity Bulls

Keywords

MauriaUdyog INE150D01019 SubDivision StockSplit