T T Limited — Dividend/Bonus, 16-12-2024: Stock split
16-12-2024 | 12:29 pm
16-12-2024 | 12:29 pm
The Board has approved an allotment of 10,00,000 equity shares at ₹122 each to specific non-promoter allottees. Additionally, 8,00,000 convertible warrants will be issued at the same price following a 25% upfront payment. They have also approved a 1:10 stock split, pending shareholder approval, which aims to enhance liquidity and attract retail investors. The record date for the split will be announced later. Furthermore, the memorandum of association will be amended to reflect changes in capital structure. An extraordinary general meeting is scheduled for January 24, 2025, to address these matters.
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