228.12% Up in 1 Year! Small Cap Stock Set To Trade Ex-Split On Friday, Aug 18

Shreeoswal Seeds and Chemicals Limited is set to trade ex-split within 2 days, on Friday, Aug 18, 2023. The Board of Directors of the company in a meeting held on Aug 01, 2023, informed the same to the NSE.

The stock to trade ex-split of existing equity shares of the company from 1 equity share having a face value of Rs 10 each fully paid-up, into 5 equity shares having a face value of Rs 2 each fully paid-up as of record date.

"the Board of Directors/Committee has fixed "Friday 18th August, 2023" as the record date for the purpose of determining the entitlement of Equity Shareholders for the purpose sub-division/split existing equity shares of the Company from 1 (one) equity share having face value of Rs.10/- (Rupees Ten only) each fully paid-up, into 5 (five) equity shares having face value of Rs. 2/- (Rupees Two only) each fully paid-up as approved by the Equity Shareholders by way of Postal Ballot mechanism through remove e-voting facility on July 26, 2023," the Board said in an exchange filing.

Shreeoswal Seeds and Chemicals' stock on Wednesday closed 4.47% higher at Rs 347.15 per share on NSE. It hit an intraday high of Rs 350.70 and an intraday low of Rs 330.50. The stock jumped 6.46% in 1 week. In 1 year, it gave 228.12% multibagger return. In 5 years, it has given 1178.64% robust return.

The stock touched 52-week high at Rs 423.35 per share on June 02, 2023, and 52-week low at Rs 296.60 per share on July 31, 2023.

Shreeoswal Seeds and Chemicals Limited is a smallcap FMCG company that operates in the Agricultural Foods & other products industry. It is a producer, exporter and supplier of well-processed, dehusked and filtered seeds. The market cap of the company is Rs 504.15 Crore

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