Enbee Trade & Finance Board To Consider Stock Split, Bonus Issue And Dividend On January 27

The financial company Enbee Trade & Finance Ltd. (BSE: 512441) has been in business for over 35 years and has confirmed that its Board of Directors will convene on January 27 to plan three corporate actions aimed at improving shareholder value and pursuing growth.

The Board will evaluate a stock dividend, suggesting that the Rs 10 equity shares of the company should be split into 10 equity shares of Rs 1 each. This will make the stakes in Enbee more affordable to small retail investors, thereby increasing the liquidity and volume of trade.

Furthermore, the firm intends to put forward an additional stock issue which will aid existing shareholders, instill trust in Enbee's growth strategy, as well as enhance their confidence in the company. With the issuance of bonus shares, Enbee intends to strengthen its image along with endorsing the long-term performance of the firm.
In line with strengthening their finances, the Board will also discuss bonuses such as the use of dividends. The proposed dividend demonstrates Enbee's commitment towards creating value for its stakeholders. It shows the company's robust cash flow and financial condition.

In its continued focus on developments in the financial domain, including partnerships with fintechs and online lending institutions, Enbee is able to take advantage of new industry shifts. These projects highlight Enbee's readiness to talk to shareholders and to build value with them in a sustainable way. The Board is debating these corporate measures which in turn indicates the company's determination to harmonize business activity with the interest of its shareholders and strengthen market participation.
For over three decades now, Enbee Trade & Finance Ltd. has been an important participant in financial services in India. The company is engaged in extending retail and MSME unsecured loans and has been one of the drivers of financial diversity and inclusion across the geographies of the country.

With a conservative investment approach, Enbee has complied with different economic cycles, which has built a strong and loyal customer base for the company. The firm is still active in looking for new business and ways to achieve financial soundness and stability with operational capabilities.

With the vision of youthful management, Enbee Trade & Finance Ltd. will continue to rise to new heights which will ensure its longstanding established image as a renowned player in India's financial services market.