Multibagger Stock With Over 800% Return In 1 Yr Fixes Record Date For Bonus Share & Stock Split

IFL Enterprise Ltd. in its Board meeting held on 30 March 2023 has fixed the record date for stock split and bonus share. IFL ENterprises operates in the trading sector. In accordance with the guidelines established by regulators like the RBI or SEBI, it engages in the business of trading in goods like fabric and related products, shares, and securities. It is a small-cap stock having a market valuation of Rs 279.43 crore.

Current Shares Price of IFL Enterprises and Returns

The stock of IFL Enterprise last traded at Rs 153.60 apiece. It has given 1.6% negative return in the past 1 week. In the past 1 month, it gained 0.66% and in the past 3 months, it gained 9,09%. It has given 812.93% multibagger return in the past 1 year. The stock has delivered a multibagger return of 3,305.76% over the past 5 years.

IFL Enterprises Fixes Record Date for Stock Split & Bonus Shares

According to the Regulatory filing by the Board of Directors of IFL Enterprises Ltd., "In terms of Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations,2015and vide resolution dated 30th March, 2023 passed by the Board of Directors of the Company,notice hereby given that the Company has fixed, Friday, 21st April 2023 as the "Record Date", for the purpose of Sub-division of Equity Shares (all the Authorized, Issued, Subscribed and Paid-up Equity Shares of nominal value of Rs. 10/- (Rupees Ten Only) each shallstand sub-divided into 10 (Ten) Equity Shares of nominal value of Re. 1/-(One Rupee) each fullypaid-up) and ascertaining the eligibility of shareholders entitled for issuance of Bonus EquityShares of the Company in the proportion of 01 (One) Equity Shares of Re. 1/- each for every 04 (Four) existing Equity Share of Re. 1/- each, subject to the approval of Members which is being obtained by way of Postal Ballot through remote e-voting."

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