Regis Inds soars after board OKs 1:10 stock split proposal

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23 December 2024 15:22:00

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Regis Inds soars after board OKs 1:10 stock split proposal	Share Back
(18 Nov 2024)
The stock-split proposal is subject to the approval of the shareholders of the company. This move will increase the authorized share capital from 2 crore shares to 20 crore shares. Similarly, the paid-up and subscribed capital will increase from 1.72 crore shares to 17.20 crore shares. The company expects to complete this corporate action within 3 months from date of receipt of approval from shareholders and subject to completion of the statutory requirements. Regis Industries is a non-banking financial company (NBFC). It mainly deals in investment in shares & securities.
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