2 Stocks To Watch Out For Bonus And Split Announcement

Corporate actions are some actions taken by the listed company that bring about a change in the stock's price. Also, these corporate actions initiated by the company time and again helps in ascertaining financial health of the concern as well as enables ones to take a decision on selling or buying a stock.

7NR Retail:

The company in to the business of branding as well as selling of readymade garments, suiting, fabrics etc. The company on January 21, 2022 has approved stock split i.e. the division of Equity Shares of the Company fromface value of Rs. 10/- each to face value of Rs. 1/- each subject to the approval ofMembers of the Company. The record date for the Split / Sub-division of Equity Shares will be intimated in due course. Other requisite details regarding the Split / Sub-divisionof Equity Shares in terms of SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9,

The company also considered and approved increase in authorised share capital from Rs. 11 crores to Rs. 26 crores.

 

Ducon Infratechnologies:

This is a small cap scrip that in trade on February 23, 2022 has hit upper circuit at Rs. 22.10. The company will consider bonus share issuance on February 25, 2022.

SE that a meeting of the Board of Directors of the Company is scheduled to be held on February 25, 2022, through Video Conferencing/Other Audio Visual means for considering the following:

1. Proposal for issue of Bonus Shares.

2. Proposal for Increase the Authorised Share Capital of the Company, said the company in its filing on February 21, 2022.

The fossil fuel or clean coal technology company

 

Disclaimer:

The above stocks are listed just for readers knowledge. And to nudge you to buy into these scrips.

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