The company in a regulatory filing said that “The Board of Directors of the Company in its meeting held today, i.e., 17th September 2022, has considered and unanimously approved, inter alia, the sub-division (division) of the existing equity share Company by one (1) equity share of face value of Rs.10/- each (fully paid up) in five (5) equity shares of face value of Rs. 2/- each (fully paid) equity The record date of such sub-division(s) of shares shall be intimated in due course.”
Stock split details of Mafatlal Industries as per data available on the stock exchanges
pre-division capital structure
(authorized share capital)
Number of Shares: 10,00,00,000 Shares
Marked Value (Rs.) – 10
Total Share Capital (Rs.): 1,00,00,00,000
(Continued paid-up and subscribed capital)
Number of Shares: 1,40,96,486
Face value: 10/-
Total Share Capital (Rs.): 14,09,64,860
Post-Partition Capital Structure
(authorized share capital)
Number of Shares: 35,00,00,000 (Equity Shares), Face Value (Rs.) 2/-, Total Share Capital (Rs.) 70,00,00,000. 3,00,00,000 (Preference Share), Face Value (Rs.) 10/-, Total Share Capital (Rs.) 30,00,00,000.
(Continued paid-up and subscribed capital)
Number of Shares: 7,04,82,430 (Equity Shares), Face Value (Rs.) 2/-, Total Share Capital (Rs.) 14,09,64,860.
Expected completion time: Within 2 months from the approval of the shareholders and subject to necessary approvals.
The existing authorized capital of the company is divided into two parts. Equity share of Rs 1,42,45,081. 10/- each Rs. 14,24,50,810/- and unclassified shares 8,57,54,919 Rs.10/- each. 85,75,49,190/-.
The authorized share capital of the company is INR 1,00,00,000,00/- (Indian Rupees One Hundred Crore only), (i) 35,00,00,000 (Thirty Five Crore only) divided into equity shares of INR 2. – (Indian Rupees two only) each. (ii) 3,00,000,000 (three crores only) preference shares INR 10/- (Indian rupees ten only) each.
Shares of Mafatlal Industries Limited on Friday ended trading at Rs. 359.05 a piece, down 4.99% from previous close of Rs. 377.90. The stock has given a multibagger return of 152.76% in the last 1 year and on the basis of YTD the stock has generated a multibagger of 103.60% so far in 2022.
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