Multibagger stock revises record date for 8:1 bonus shares: Do you own?

The Company on Tuesday informed the stock exchanges saying that “With reference to the prior record date notice of October 1, 2022 for issue of Bonus Equity Shares, you are hereby informed that the Company has entered into force as of Thursday, October 13, 2022.” In order to ensure the eligibility of eligible shareholders to issue fully paid-up bonus shares in the ratio of 8:1 to the “record date” (i.e. 8 (eight) for every existing 1 (one) equity share). 10/- as on the above record date. Accordingly, the revised record date i.e. Thursday, October 13, 2022 is in compliance with Regulation 42 of SEBI (Listing Obligation and Disclosure Requirements) 2015.”

Shares of Gretex Corporate Services Ltd closed at Rs. 573.00 a piece on Tuesday, above Rs. 4.95% from the previous close of Rs. 546.00. share price climbed 177.15 at the current market price over the last two years as on August 13, 2021, resulting in a multibagger return of 222.36% and an estimated CAGR of 79.92%. share price increased 206.50, as on October 6, 2021, at the current market price during the previous year, resulting in a multibagger return of 177.48% and an estimated CAGR of 178.16%. The stock has so far given a multibagger return of 177.08% on YTD basis in 2022. On BSE, the stock had made a 52-week high of 607.00 on (20/09/2022) and 52-week low of At 160.00 (29/03/2022), which means the stock was seen trading up 5.60% from the high and 258.12% from the low at the last traded price level.