4 Upcoming Stock Splits to Watch This Week

Investors and stock market watchers should pay close attention to the stocks of Rajneesh Wellness Limited, Ontic Finserve Limited, Hindustan Foods and Shanti Educational Initiatives Limited. The record date for the purpose of stock split is established by the board of directors. Each of these corporations as of 22 July 2022. Therefore, to be entitled to receive additional shares issued by a stock split, shareholders must receive the stock on the above record date.

Rajneesh Wellness Limited

“With reference to Regulation 42 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Board of Directors has fixed Friday, 22nd July, 2022 as the ‘Record Date’ for the purpose of sub- -Partition/split of equity shares of the company (1 equity share of Rs.10/- each for 5 equity shares of Rs.2/-) and issue of bonus shares of 25,61,58,220 equity shares in the ratio of Rs.2/- :1 (2 equity shares of Rs 2 each for every existing equity share of Rs 2 each),” the board of directors said in the stock exchange filing.

closed on stock 249.55 today, up 2.59% from its previous close. In the last 1 year, the stock has given a massive return of 2,238.80% and on the basis of YTD, the stock has given a return of 1,120.29% so far in 2022.

Ontic Finserve

“We inform you that the Company has fixed Friday, July 22, 2022 as the record date for the purpose of sub-division of equity shares from a face value of Rs. 10/ each,” the company’s board said in a stock exchange filing.

closed on stock 17.08 level today, down 6.51% from its previous close. In the last 1 year, the stock has given a multibagger return of 211.68%, but on the basis of YTD, the stock has fallen 43.07% so far in 2022.

Hindustan Foods

The Board of the Company, in a stock exchange filing, has stated that “In accordance with Regulation 42 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015, it is informed that, the Board of Directors of the Company has vide circular resolution The resolution passed today, July 5, 2022, and fixed the “record date” on Friday, July 22, 2022 for the purpose of sub-division of 1 (one) equity shares each of nominal/face value of Rs.10/- – (Rupees ten only) each of the nominal I face value of 5 (five) equity shares of Rs.2/- (Rupees two only) each.”

stock closed today 2,065.00 level, down 0.39% from its previous close.

Peace Educational Initiative

The board of the company has said in the stock exchange filing that “Reg. 42 of the Listing Regulations and relevant provisions of the Companies Act, 2013 and the rules made thereunder, the company has, for the purpose of determining the eligibility of shareholders for sub-optimal purposes, on Friday, 22nd July, 2022 as the ‘record date’. Split/split of each equity share having a face value of Rs.10/- (Rupees ten only) each, ten (10) equity shares having a face value of Rs. 1/- (Rupee one only) each fully paid up.”

stock closed today 1,107.80 level, above the upper circuit limit of 5.00%. In the last 1 year, the stock has given a multibagger return of 664.00% and on the basis of YTD, the stock has given a multibagger return of 1,08.35% so far in 2022.

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