Stock Split 2022: The Board of Directors of Asset Management Company (AMC) Greencrest Financial Services has announced the sub-division of shares in the ratio of 10:1, which means one stock of face value 10 will now be divided into 10 shares, each of which will have a face value of Re 1 per equity share. The company board also fixed 12 October 2022 as the record date for the stock split.
AMC Company on Greencrest Financial Services Stock Split on Stock Market Exchange said, “The members are hereby informed that the Company has fixed October 12, 2022 as the record date for the purpose of sub-division of the face value of the equity shares. of it.”
In its meeting held on 30 August 2022, the AMC company informed the Indian stock exchanges that the Board of Directors has recommended a 10:1 stock split which has been approved with the record date for stock split being 27 September 2022.
After this stock split news spread, AMC stock caught public attention Share Market The trading volume of the stock increased due to the bulls and led to a sharp jump. The stock has been hitting the upper circuit for the last 5 straight sessions while it has hit the upper circuit in 6 out of 7 straight sessions. It missed hitting the upper circuit on Thursday last week.
Greencrest Financial Services Share Price History
In year-over-year (YTD) time, Greencrest Financial Services’ share price has more than doubled shareholders’ money in 2022. it has grown from almost from 7 7.17 level, with an increase of 150 percent this year.
About Greencrest Financial Services Limited
AMC Company is listed on BSE (Bombay Stock Exchange) and CSE (Calcutta Stock Exchange). As per the information available on the company’s website, it was incorporated in February 1993 as Marigold Glass Industries Limited. IT changed its name to Greencrest Financial Services Limited in May 2013. The company also informs on its website that it is one of the non-deposit taking NBFCs registered by RBI and is in the business of NBFC activities as well as investing its surplus funds in shares. and securities.
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