Financial Sector Penny Stock Fixed Record Date For Stock-Split, Stock Soars Over 510% In 5 yrs

Continental Securities Ltd, a financial sector microcap stock, fixed the "Record Date" for the Stock Split. The stock in its regulatory filing on March 2, 2023, has informed the shareholders about the stock split. Continental Securities is an RBI-registered NBFC engaged in the business of investment in securities, inter-corporate loans, advances and such allied fund-based activities. It is a penny stock having a market capitalisation of Rs 17.73 crore. Check below to know more:

Continental Securities' fixed "Record Date" For The Stock Split

The Board of Directors of Continental Securities Ltd. in its regulatory filing on March 2, 2023, said, "Pursuant to Regulation 42 of the SEBI (LODR) Regulation, 2015, the company has fixed Monday, 20th March, 2023 as the Record date for the Purpose of Sub-division of existing Equity Share of face value of Rs. 10/- (Ten) each fully paid up Equity Shares of Face Value of Rs.2/- (Two) each."

It added, "The consent of the Company was accorded for sub-division of Equity Share of face value of Rs.10/- (Ten) each fully paid up into five Equity Shares of face value of Rs. 2/- (Two) each fully paid up at the Extra ordinary General Meeting held on 01st March 2023. The issued, and paid up Share Capital of the Company from existing 4250600 shares of the Rs 10/- (Ten) each to 21253000 shares of Rs. 2/- (Two) each."

Continental Securities' Stock Performance Over The Years

The share of Continental Securities last traded at Rs 41.65 apiece on BSE. The stock recorded its 52 week low on 7 July 2022 at Rs 21.75 apiece and 52 week high on 15 November 2022 at Rs 51 apiece, respectively. The stock was listed on 8 January 2015, according to BSE.

The stock has gained 4.39% in the past 1 week. It has gained 4.13% in the past 1 month. It has fallen 11.38% in 3 months. In 1 year it gained 56.29% positive return. It gained a massive 510.7% in the past 5 years.

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