1:2 Bonus Share, 1:5 Stock Split: 2 Small Cap Stocks Declare Record Date

2 Small cap stocks listed on BSE fixed record date for stock split and bonus share. These two stocks are Ashirwad Capital Ltd and Remsons Industries Ltd. Remsons Industries today fixed July 5, 2024 as the record date for 1:5 stock split and Ashirwad Capital set June 25, 2024 as the record date for 1:2 bonus share. Last trading price of Ashirwad Capital shares on BSE is Rs 6.60 per share while last trading price of Remsons Industries share on BSE is Rs 866.45 per share. Check more details below:

Remsons Industries Sets Record Date For 1:5 Stock Split: As per the regulatory filing of Remsons Industries dated June 11, 2024, "we hereby inform you that the Company has fixed Friday, July 05, 2024 as 'Record Date' for the purpose of determining eligibility and entitlement of Equity Shareholders for the purpose of sub-division/split of existing Equity Shares of the Company from one (1) Equity Share having face value of Rs.10/- (Rupees Ten) each, fully paid-up, into 5 (five) Equity Shares having face value of Rs.2/- (Rupees Two) each, fully paid-up, ranking pari-passu in all respects, which was approved by Equity Shareholders at the Extra-ordinary General Meeting of the Company held on 29th March 2024 as intimated to the Stock Exchanges ."

Remsons Industries Share Performance: The 52-week high price of Remsons Industries share on BSE is Rs 1104.95 per share (as on 02/03/2024) and 52-week low price is Rs 219.20 per share (as on 04/07/2023), respectively. The company's market capitalisation is Rs 604.41 crore. Remsons Industries shares declined over 7% in last 1-month, gained 257% in last 1-year, and surged 322% in last 2-years. In last 5-years, Remsons Industries stock zoomed 824%.

Ashirwad Capital Sets Record Date For Bonus Share: As per the regulatory filing of the penny stock, "the Company has fixed Tuesday, June 25, 2024, as the "Record Date" for the purpose of ascertaining the eligibility of shareholders entitled to the issuance of Bonus Equity shares by the Company."

Earlier on May 10, 2024, the company said via its exchange filing, "recommendation for the Bonus Issue of Equity Shares in the proportion of 1 (One) Equity Share of Re. 1/- each for every 2 (Two) Equity Shares of Rs. 1/- each held by shareholders of the Company as on the record date, subject to the approval of shareholders of the Company."

Ashirwad Capital Share Performance: The 52-week high price of Ashirwad Capital share on BSE is Rs 8.24 per share (as on 01/02/2024) and 52-week low price is Rs 3.50 per share (as on 05/09/2023), respectively. The company's market capitalisation is Rs 39.60 crore. Ashirwad Capital shares soared over 44% year-to-date, gained 54% in last 6-months, and offered return of over 80% in last 1-year. In last 2-years, Ashirwad Capital shares gained 64% and rose 133% in last 3-years.

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