1:1 Bonus Share, 1:10 Stock Split: Multibagger Stock Issues Update On Record Date

SG Mart Ltd, operating in civil construction industry, issued record date for 1:1 bonus share and 1:10 stock split. The company fixed February 22, 2024 as the record date for bonus share and stock split. SG Mart shares offered return of 2517% in last 1-year.

SG Mart declared massive jump in December 2023 quarter net profit. SG Mart has a market capitalisation of Rs 5,800.72 crore. Check details below:

SG Mart Declares Record Date For 1:1 Bonus Share, 1:10 Stock Split: As per the BSE filing of the company dated Feb 10, 2024, "In terms of Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that pursuant to the shareholders' approval obtained through postal Ballot completed on February 9, 2024, the Board of Directors at its meeting held on February 10, 2024 has fixed, Thursday, February 22, 2024 as the "Record Date" for the purpose of;

a) Sub-division of face value of Equity Shares (all the Authorized, Issued, Subscribed and Paid-up Equity Shares of nominal value of Rs. 10/- (Rupees Ten Only) each shall stand sub-divided into 10 (Ten) Equity Shares of nominal value of Re. 1/- (One Rupee) each fully paid-up and;

b) ascertaining the eligibility of securityholders entitled for issuance of Bonus Equity Shares of the Company in the ratio of 1:1 i.e. 1 (One) Equity Shares for every 1 (One) Equity Shares having a face value of Re. 1/- (considering the post sub-division/split of face value of equity shares)."

SG Mart Shares Performance & Return: Last trading price of SG Mart shares on BSE is Rs 10,401.15 apiece with intraday gain of 2.00%. The 52-week high price of SG Mart shares on BSE is Rs 12,770.00 apiece and 52-week low price is Rs 342.95 apiece (it hit on March 21, 2023). SG Mart shares surged 240% in last 6-months, gained 2517% in last 1-year, and surged 1873% in last 2-years.

SG Mart Financials: The company for the quarter ended December 2023 declared its net sales at Rs 748.26 crore, up 47,903.23% from Rs 1.56 crore in the corresponding quarter of last year. It announced its net profit for the December 2023 quarter at Rs 17.19 crore, up 442002.31% from Rs 0.00 crore in December 2022. EBITDA stood at Rs 26.65 crore for the quarter under review, as against Rs 0.00 crore in December 2022. The EPS soared to Rs 37.51 in December from Rs 0.04 in December 2022.

SG Mart About: SG Mart Limited offers renewable energy generation services. It operates solar and wind energy projects and generates electric power.

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