New Bonus Issue, Stock Split Declared: Mid Cap NBFC Stock Fixes Record Date

Leading mid cap stock operating in NBFC sector, 360 One Wam Ltd on February 16 fixed March 02, 2023 as record date for bonus issue and stock split. The stock gave a return of 10% in last 6-months. It has a market capitalisation of Rs 16,214.39 crore. The company earlier this year on January 19, 2023 approved bonus share and sub-division of shares and now it has fixed the record date. Check details below:

1. 360 One Wam Ltd Sets Record Date For Bonus Issue, Stock Split

According to the BSE filing of the company, "This is further to our intimation dated January 19, 2023, in respect of the approval(s) granted by the Board of Directors of Company subject to approval of shareholders of the Company inter alia for

a. sub-division of each existing equity share of face value of Rs. 2/-, into 2 equity shares of face value of Re. 1/- each fully paid up ('Sub-Division'); and

b. issue of 1 bonus equity share of the Company of face value Re. 1/- each, for every 1 fully paid up equity share of face value Re. 1/- each (i.e. as adjusted for sub-division of the equity shares of the Company) ('Bonus Issue')."

The Company has fixed Thursday, March 2, 2023, as the record date for the purpose of ascertaining the eligibility of shareholders entitled for receipt of equity shares upon Sub-Division and Bonus Issue.

2. 360 One Wam Ltd Stock Performance, Return, & Financial Outlook

The last trading price of the stock is Rs 1821.95 apiece with intraday fall of 0.82%. The stock's 52-week high is Rs 2029.65 apiece and 52-week low is Rs 1225.70 apiece, respectively.

The stock gave a return of over 2% in last 3-months, 12% in last 1-year, and 14% in last 3-years.

The company for the quarter ended December 31, 2022 declared a consolidated total income of Rs 530.95 crore, up 1.38% from last quarter total income of Rs 523.72 crore.

The company declared a net profit after tax 171.53 crore in latest quarter.

360 ONE WAM About

360 ONE WAM Limited functions as a wealth management company. It offers investment products, treasury advisory, lending solutions, and estate planning services. 360 ONE WAM serves customers all across globe.

 

Disclaimer

The stock gives details about record date for bonus share and stock split. Greynium Information Technologies and the author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.