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Bonus Stock: FMCG stock Surveshwar Foods Limited has announced bonus shares and stock split. The company has changed the fixed record date. Its information is shared with the stock market. Sarveswar Foods Limited has announced the new date. Explain, on behalf of the company, eligible investors will be given 2 bonus shares for every one share.
DRDO gave the company the job, 20 percent upper circuit in shares, price less than 100 rupees
What is the new date? (Sarveshwar Foods Limited New Record Date)
Sarveswar Foods had earlier set a record date of September 5. But now the company has changed this date to Friday, September 15. Let us tell you that Sarveshwar Foods has decided to give 2 bonus shares for 1 share to its investors. In addition, the company will split its shares into 10 parts. After which the face value of the company’s shares will decrease to 1 rupee.
Also Read: The stock will be divided into 5 pieces, a buying spree
How is the company performing in the stock market?
The company’s share price closed down nearly 3 percent at Rs 131.65 on the BSE on Wednesday. Share price of Sarveswar Foods has seen an increase of more than 30 percent in the last one month. At the same time, the company has returned up to 185 percent to positional investors in the last one year.