Rs 7.20 Dividend, 1:5 Stock Split: Small Cap Stock Fixes Oct 30 As Record Date For Maiden Split

Small cap stock Jash Engineering Limited today fixed October 30, 2024 as the record date for 1:5 stock split. This is the maiden stock split that Jash Engineering Limited declared. The company has so far declared a total of 8 dividends since September 12, 2018. Last trading price of Jash Engineering shares on BSE is Rs 2,434.00 per share. The stock will be sub-divided in to 5 new shares on October 30, 2024. Currently, Jash Engineering Limited shares are trading near 52-week high price of Rs 2,640.00 per share that it hit on July 30, 2024.

The company's market capitalisation is Rs 3045.55 crore. Earlier this year Jash Engineering recommended Rs 7.20 per share and shares traded ex-dividend on September 19, 2024. Check details below:

Jash Engineering Limited Sets Record Date For Stock Split/ Sub-Division: As per the exchange filing of Jash Engineering Limited dated October 15, "In terms of Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015, as amended, we wish to inform you that the Company has fixed the Record date as Wednesday, 30th October, 2024."

Earlier the company on August 8, 2024 via its NSE filing stated, "sub-division/Split of Equity Shares of 1 equity share of the Company having face value of Rs 10/- each into 5 equity shares having face value of Rs 2/- each, by alteration of Capital Clause of the Memorandum of Association of the Company, subject to approval of the shareholders of the Company.

Jash Engineering Shares Performance: The 52-week high price of Jash Engineering Ltd shares on NSE is Rs 2640.00 and 52-week low price is Rs 1251.00 per share. Jash Engineering shares gained 19% in last 1-month, soared 46% in last 6-months, offered return of 66% in last 1-year, and surged 402% in last 3-years.

Jash Engineering About: Jash Engineering Limited is engaged in the manufacturing a vast range of equipment for water intake systems, water and waste water pumping stations and treatment plants, storm water pumping stations, water transmission lines, power, steel, cement, paper & pulp, petrochemicals, chemical, fertilizers, and other process plants. It came into existence in 1973.

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