The Board of Ramkrishna Forgings Ltd has approved Sub-Division/Split of Equity Shares of the Company from face value of Rs. 10/- each to face value of Rs. 2/- each subject to approval of the members through Postal Ballot.
Further, the Record Date for the proposed Sub-Division/Split will be intimated in due course subject to compliance of necessary laws.
According to the filing, rationale behind split is to improve the liquidity of the Company’s share and broad base the investor base, the Board considered it prudent to sub-divide/split the shares.
On Wednesday at around 9:50 AM, Ramkrishna Forgings was trading at Rs1,013.20 per share up by Rs2.45 or 0.24% from its previous closing of Rs1,010.75 per share on the BSE.
Related Tags
Invest wise with Expert advice
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
Download The App Now
Follow us on
2025, IIFL Capital Services Ltd. All Rights Reserved
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.
