JTL Infra board to consider stock split next month; Stock hits upper band

The current market cap of the company is Rs546.44cr.

Jul 22, 2021 11:07 IST India Infoline News Service

JTL Infra Ltd has informed the Exchanges that a meeting of the Board of Directors of the Company will be held on Saturday, August 07, 2021 to consider and approve the split of face value of equity shares and consequential alteration of the Memorandum and Articles of Association of the Company.

Board of Directors will also consider proposal to augment long-term resources of the Company including fund raising by issuance of securities and other matters.

The current market cap of the company is Rs546.44cr.
At around 11:58 AM, JTL Infra was trading at Rs540.90 apiece up by Rs25.75 or 5%.

Previously, the scrip was closed at Rs515.15 apiece on the BSE.

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