Vivanta Industries Ltd approves Sub-division of Equity Shares

The Board of Vivanta Industries Limited have considered the proposal for sub-division of 1 (One) equity share of the Company having face value of Rs. 10/- each into 10 (Ten) equity shares having face value of Rs. 1/- each, subject to regulatory /statutory approvals as may be required and the approval of the members of the Company.

Further, the Board recommended consequential amendments in the Capital Clause of the Memorandum of Association of the Company, subject to approval of the members of the Company.

The record date for the sub-division of equity shares shall be decided by the Board and will be announced later.

Shares of Vivanta Industries Ltd was last trading in BSE at Rs. 23.15 as compared to the previous close of Rs. 23.50. The total number of shares traded during the day was 10267 in over 40 trades.

The stock hit an intraday high of Rs. 24.00 and intraday low of 22.35. The net turnover during the day was Rs. 232828.00.

Source : Equity Bulls

Keywords

VivantaIndustries INE299W01014 StockSplit SubDivision 10For1