Navkar Urbanstructure Ltd board approves stock split

The Board of Directors of Navkar Urbanstructure Ltd at its meeting held today has approved the Sub-Division/ Split of existing 1 (One) equity share of face value of Rs. 10/- each fully paid up into 5 (Five) equity shares of Rs. 2/- each fully paid up, subject to the approval of shareholders of the Company. The Record Date for the purpose of Sub-division/Split of equity shares will be announced in due course.

The board also approved consequential alteration of the Capital Clause i.e., Clause V of the Memorandum of Association of the Company subject to the approval of shareholders of the Company.

Shares of Navkar Urbanstructure Ltd. was last trading in BSE at Rs. 73.75 as compared to the previous close of Rs. 70.25. The total number of shares traded during the day was 71699 in over 178 trades.

The stock hit an intraday high of Rs. 73.75 and intraday low of 69.20. The net turnover during the day was Rs. 5208339.00.

Source : Equity Bulls

Keywords

NavkarUrbanstructure INE268H01010 Realty RealEstate StockSplit