Multibagger Stock: Rajneesh Wellness Limited has informed the Indian Stock Exchanges that a meeting of the Board of Directors of the Company is scheduled to be held on 13th June 2022 to consider issue of Bonus Shares and Stock Sub-division. The company management in its latest exchange communication informed about the agenda of the board. Stock market observers believe that the company may consider a stock split after a jump in stock prices. At the level of 5.56 to 187.45 in the last one year, it gave about 3250 per cent returns in this period. He added that following the stellar returns delivered by this multibagger penny stock, management would have thought that the subdivision of shares would be able to increase the volume of the stock by making it available to smaller investors.
to inform about bonus share And stock split Planning on 13th June 2022, Rajneesh Wellness Ltd said, “As per regulation 29 of SEBI LODR Regulations, it is informed that a meeting of the Board of Directors of the company is to be held on Monday, 13th June 21122 at the Registered Office. To consider, inter alia, issue of bonus shares to the equity shareholders of the company and to approve the rate/ratio to be decided thereon, to consider the proposal for “addition,” sub-division/split Equity Shares of the Company having a face value of Rs.10/- (Rupees Ten Only) each in such manner as may be prescribed by the Board of Directors, subject to such regulatory/statutory approvals, as may be necessary , including approval of the shareholders of the Company.”
Rajneesh Wellness Share Price History
This BSE-listed multibagger stock is giving great returns to its shareholders since the beginning of New Year 2022. In year-to-date (YTD) timing, this multibagger stock has risen over the past year. from 20.45 187.45 each level, climbed up to 800 percent in 2022. Over the past one year, this penny stock has become a multibagger by appreciating around 3250 per cent in this period.