1:1 Bonus Share: Multibagger Small Cap Textile Co To Issue Record Date On Oct 3

Small cap stock from the textile sector, Advance Lifestyles shares hit back to back upper circuit and traded new 52-week high for second day in a row. Board of directors of Advance Lifestyles will fix record date for 1:1 bonus issue in its upcoming meeting scheduled to take place on October 3, 2023. Advance Lifestyles shares rallied 133% in last 3-months and offered return of 265% in last 1-year. Check details below:

Advance Lifestyles To Fix Record Date For 1:1 Bonus Share: As per the regulatory filing dated September 25, 2023, "Notice is hereby given that the Board Meeting No. 05/ 2023-24 of Advance Lifestyles Limited is scheduled to be held on Tuesday, 03rd Day of October, 2023 inter alia: a) To consider and take on record, result of the Scrutinizer's Report for the 34th Annual General Meeting. b) To consider and approve the fixation of record date for the purpose of ascertaining the eligibility of shareholders for entitlement for issue of Bonus Shares, subject to the approval of Members for the Bonus issue in the 34th Annual General Meeting and based on the voting result declared by the scrutinizer in their scrutinizer report."

Advance Lifestyles Stock Outlook & Return: Current market price of Advance Lifestyles share on BSE is Rs 121.63 apiece with intraday gain of 2.00%. Its 52-week high price is Rs 121.63 per share and 52-week low price is Rs 31.50 per share, respectively. Its market cap is Rs 37.86 crore. Advance Lifestyles stock surged 66% in last 1-month, gained 158% YTD, rose 204% in last 2-years, and offered return of 216% in last 3-years. In last 5-years, Advance Lifestyles stock gained 367%.

Advance Lifestyles About: Advance Lifestyles is engaged in businesses of textile mills, trading of cloth, and property construction. It was incorporated as a Private Company Limited by shares on 18th Day of August, 1988 under the provisions of the Companies Act, 1956 under the name of New Ahmedabad Advance Mills (1988) Private Limited. Later on it became a Public Company.

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The stock just highlights the bonus share and is not a recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stock mentioned. Neither, the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.