2:3 Bonus Issue: Small Cap Stock Revises Record Date, Shares Soar 201% In 3-Months

Board of small cap stock from irrigation and allied services sector, Sprayking Agro Equipment Ltd revised record date for 2:3 bonus issue. The company fixed May 3, 2023 as the revised record date for issuance of bonus share. The stock rallied 434% in just last 1-year. Current market price of the small cap stock is Rs 138.50 per share on BSE with intraday surge of 4.96%. The stock locked in upper circuit on April 18, 2023. Check details below:

Sprayking Agro Equipment Ltd Revises Record Date For Bonus Issue: According to the regulatory filing of the company, "In compliance with Regulation 42(2) & (3) of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, this is to inform you that the Company has fixed May 03, 2023 as the revised record date for the purpose of ascertaining the eligibility of shareholders for issuance of bonus shares in the proportion of 2:3 * i.e 2 (two) new fully paid up equity shares for every 3(three) existing fully paid up equity share held, subject to the approval of the shareholders on 21st April, 2023 to be held through Postal Ballot."

Sprayking Agro Equipment Ltd Stock Performance: Current market price of Sprayking Agro is Rs 138.50 apiece on BSE at 12:42 pm on Wednesday. The stock's 52-week high price is Rs 138.50 per share and 52-week low price is Rs 20.10 per share. Its market capitalisation is Rs 87.82 crore.

Sprayking Agro Equipment Ltd Return: The stock offered attractive return to investors in the last few years. In last 3-months, it gave return of 201%, 183% return in last 6-months, 434% return in last 1-year, and 538% in last 2-years. The stock witnessed a jump of 945% in last 3-years and 419% in last 5-years.

Sprayking Agro Equipment Ltd About: Sprayking Agro Equipment Limited is an emerging leader in BRASS PARTS manufacturing, including Brass Fittings, Brass Forging Equipment, Brass Transformer Parts & other customized brass parts. Founded in early 1980, it has already carved a niche for itself in Brass Part Manufacturing, according to its official website.

Disclaimer: The company revised record date for bonus issue. Greynium Information Technologies and the author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.