Lorenzini Apparels Ltd fixes March 27, 2024 as record date for stock split, bonus issue

The Board of Directors of Lorenzini Apparels Limited in their meeting dated March 15, 2024 has fixed Wednesday March, 27th 2024 as the "Record Date" for the purpose of:

(a) Sub-division of face value of Equity Shares (all the Authorized, Issued, Subscribed and Paid up Equity Shares of nominal value of Rs. 10/- (Rupees Ten Only) each shall stand sub-divided into 10 (Ten) Equity Shares of nominal value of Re. 1/-(0ne Rupee) each fully paid-up and;

(b) Ascertaining the eligibility of security holders entitled for issuance of Bonus Equity Shares of the Company in the ratio of 6:11 i.e. 6(Six) Equity Shares for every 11 (Eleven) Equity Shares having a face value of Re. 1/-(considering the post sub-division/split of face value of equity shares).

Shares of Lorenzini Apparels Ltd was last trading in BSE at Rs. 384.05 as compared to the previous close of Rs. 365.85. The total number of shares traded during the day was 3486 in over 91 trades.

The stock hit an intraday high of Rs. 384.10 and intraday low of 347.60. The net turnover during the day was Rs. 1231902.00.

Source : Equity Bulls

Keywords

LorenziniApparels INE740X01015 RecordDate BonusIssue StockSplit