T T Limited — Dividend/Bonus, 16-12-2024: Stock split
16-12-2024 | 12:38 pm
16-12-2024 | 12:38 pm
The Board has approved the allotment of 10,00,000 equity shares at ₹122 each, along with 8,00,000 convertible warrants priced similarly. Additionally, a stock split has been proposed, dividing existing ₹10 shares into ten ₹1 shares, pending shareholder approval. The aim is to enhance liquidity and attract more retail investors. An alteration of the Memorandum of Association's capital clause has also been greenlit to reflect these changes. Furthermore, Shri Hardik Jain has been appointed as Executive Director effective January 24, 2025. An Extraordinary General Meeting is scheduled for January 24, 2025, for related approvals.
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