Penny Stock From Construction Sector Fixed Record Date For Stock Split, Details Inside

Vivanta Industries Ltd, a microcap penny stock, Today, February 24, 2023, fixed record date for the Stock-Split announced on February 13, 2023. The stock is set to split the stock in March. It will split 1 equity share of the face value of Rs 10/- into 10 equity shares of the face value of Re 1/-. It is a BSE-listed stock that operates in the construction sector. It has a market capitalisation of Rs 21.30 Crore. Check below to know more:

Sub-division of Equity Shares of the Vivanta Industries

According to the exchange filing by the Board of Directors of Vivanta Industries on 13th February 2023, "Sub-Division (Split) of 1 (One) Equity Share of the Face Value of Rs. 10/- (Fully Paid-up) into 10 (Ten) Equity Shares of Face Value of Re. 1/- each (Fully Paid-up) and Consequential Alteration of Capital Clause of Memorandum of Association."

 

Record Fate For The Stock Split

The company in its regulatory filing on 23 February 2023, said, "In continuation of our letter Dated Tuesday, February 14, 2023, we wish to inform you that the Board of Directors of the Company at its meeting held today i.e. Thursday, February 23, 2023 at Registered Office of the Company has inter alia considered and approved the Saturday, March 18, 2023 Record Date for the purpose of determining eligibility of shareholders for the purpose of subdivision of one (1) Equity Share having face value of Rs.10/- (Rupees Ten) each into 10 (Ten) Equity Shares of nominal value of Rs. 1/- each in the Share Capital of the Company."

 

Vivanta Industries Stock Performance

The stock of Vivanta Industries is currently trading at Rs 21.30 apiece on BSE, down 4.91% from its previous close of Rs 22.40 apiece. Its 52 week high is Rs 30 apiece, recorded on 27 September 2022 and 52-week low is Rs 12.16 apiece, recorded on 5 July 2022.

The Stock got listed on 20 August 2018. It declined by 29% since its listing date. The stock has fallen 4.91% in the past 1 week, 16.47% in the past 1 month and 6.37% in the past 3 months, respectively. It declined 14.8% in the past 1 year.

 

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