Maruti Infrastructure share price touched 52-week high of Rs 213.90 in the opening trade on June 5 after the company is going to consider stock split and bonus share issue.
At 09:35am, Maruti Infrastructure was quoting at Rs 209.40, up Rs 22.95, or 12.31 percent, on the BSE.
A meeting of board of directors of the company is scheduled to be held on June 22, 2024, to consider the sub-division/ split of equity shares of the company and also consider the proposal for issuance of bonus shares.
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The board will also consider a proposal for increase in authorized share capital of the company and subsequent alteration to the memorandum of association of the company.
The trading window for dealing in the securities of the company shall remain closed for all designated persons and their immediate relatives with effect from June 5, 2024 till 48 hours after the conclusion of the aforesaid meeting of the board of directors.
The share price rose 102 percent in the last one-year.
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