Small-cap stock up 700% in 5 years sets record date for stock split

Stock Split 2022: The Board of Directors of Anjani Foods Limited has announced the record date for the Stock Subdivision. The company board has fixed October 21, 2022 as the record date for the stock split. BSE listed company whose market cap is 95 crore has already accepted and declared stock split in the ratio of 5:1, which means a paid-up capital of face value 10. The paid-up capital of the face value will be divided into 2 per equity share.

As per information available on the BSE website, “The trading members of the Exchange are hereby informed that Anjani Foods Limited has fixed the record date for the purpose of sub-division of the equity shares of the Company as 21/10/2022.”

Informing the Indian Stock Market Exchanges about it share sharing newsAnjani Foods Ltd. said, “In accordance with Rule 42 of SEBI (LODR) 2015, the Company has fixed Friday, i.e., October 21, 2022, as the record date, for the purpose of ascertaining the name of the shareholders in the split/sub- be entitled to split. into five (5) equity shares of Rs. 2/- each in equity shares of Rs.10/-.”

The small-cap company also shared newspaper advertisements with the Indian markets to ascertain the names of shareholders entitled to split/sub-division of equity shares of Rs. 10/- each in five (5) equity shares of Rs. 2/- each.

Anjani Foods Share Price History

Over the past one year, Anjani Foods shares have been going through a sell-off phase since June 2022. However, the stock has shown a sharp jump in the last six months and has registered a growth of over 50 per cent in this period. However, this small-cap stock is one of those stocks which has given great returns to its shareholders in the last 5 years. This small-cap stock has risen from around 21 per level to 171.50 per share level over the last 5 years, provides nearly 700 percent return to its shareholders over this time horizon.

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