Mazda Limited — Dividend/Bonus, 13-11-2024: Stock split
13-11-2024 | 08:44 pm
13-11-2024 | 08:44 pm
Mazda Limited approved a stock split, converting 1 equity share of face value ₹10 into 5 shares of face value ₹2, aimed at enhancing liquidity and attracting small investors. The record date for this split will be determined following shareholder approval via postal ballot. The company plans to alter the Capital Clause in its Memorandum of Association to reflect this change, with total authorized share capital remaining at ₹5 crores. The implementation is expected within 2-3 months. Additionally, the board recorded the unaudited financial results for the quarter and half-year ended September 30, 2024.
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