3:1 Bonus Issue, 1:2 Stock Split: Multibagger Small Cap Services Stock Latest Announcement, Buy?

Easy Trip Planners Ltd has declared record date for 3:1 bonus issue and 1:2 stock split. The record date is November 22, 2022. The company has a market capitalisation of Rs 8,691 crore. It came into existence in 2008.

The company offers a comprehensive range of travel-related products and services catering to the needs of passengers traveling domestically, as well as traveling to and from international destinations, according to its official website. Check key takeaways below:

1. Easy Trip Planners Announce 3:1 Bonus Issue, 1:2 Stock Split

The board of directors of Easy Trip Planners stated in the regulatory filing, "This is to inform you that pursuant to Regulation 42 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, the Company has fixed Tuesday, November 22, 2022 as the Record Date, for the purpose of ascertaining the eligibility of shareholders entitled for the following matters subject to the shareholders' approval to be obtained through postal ballot on Thursday, November 10, 2022: 1. Sub-division/Split of each existing equity share of face value of Rs. 2/- (Rupees Two only) into 2 equity shares of face value of Rs. 1/- (Rupee One Only) fully paid- up. 2. Issue of Bonus Equity Shares of the Company in the proportion of (Three) Equity Share of Rs 1/- each for every (One) existing Equity Share of Rs 1/- each."

2. Easy Trip Planners Stock Outlook

The current market price of the stock is Rs 397 apiece with 52-week high at Rs 476 apiece and 52-week low at Rs 237 apiece, respectively. The stock gained 

3. Easy Trip Planners Return

The stock has given multibagger returns to shareholders with 5-years return at 281%, 1-year return at 54%, and 1- week return at 7%.

Disclaimer

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