Real Eco-Energy Limited board recommends 5 For 1 Stock Split

The Board of Directors of the Company at their meeting held on 11th July, 2024 has considered and approved Split / Sub Division of Equity Shares of the Company from existing Face Value of Rs. 10/- (Rupees Ten Only) per Equity Share to 5 (Five) Equity Shares of Face Value of Rs. 2/- (Rupees Two Only) per Equity Share, subject to the approval of the Shareholders of the Company.

The Rationale behind the split is to enhance the liquidity of Equity Shares and widen the shareholders base by making the Equity Shares more economical to the investors.

Shares of Real Eco-Energy Ltd was last trading in BSE at Rs. 33.83 as compared to the previous close of Rs. 33.84. The total number of shares traded during the day was 7438 in over 82 trades.

The stock hit an intraday high of Rs. 34.90 and intraday low of 33.05. The net turnover during the day was Rs. 251514.00.

Source : Equity Bulls

Keywords

RealEcoEnergy INE055E01026 StockSplit SubDivision 5For1