Title 1

1 Share of This Multibagger Stock Will Become 100 Shares, Know How?

Bonus Issue & Stock Split

Title 1

This small-cap company's board of directors has authorised and declared bonus shares in a 9:1 ratio.

Title 1

That means for every 1 share held on the record date, the company will issue an extra 9 shares as a BONUS to its shareholders.

Title 1

Furthermore, the stock will be split in the ratio 1:10, ten shares would be issued for one share.

Title 1

1 share will become 10 shares after the bonus issue & 10 shares will become 100 shares after the stock split. This way, 1 share will become 100 shares.

Title 1

The company board has fixed the record date for the issuance of bonus shares and stock subdivision on 3rd December 2022.

Title 1

The name of the company is Alstone Textile. A 37-year-old debt-free company engaged in the business of Fabric Trading and Investments

Title 1

The stock market is volatile & risky. Consult a professional investment advisor before making any investment decisions!

  Disclaimer.