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Ajmera Realty Completes Five-for-One Stock Split, Updates Share Capital Structure

Story Highlights
  • Ajmera Realty & Infra India completed a five-for-one split of its equity shares.
  • Post-split, authorised and paid-up share counts rose sharply while face value fell to Rs 2.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Ajmera Realty Completes Five-for-One Stock Split, Updates Share Capital Structure

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Ajmera Realty & Infra India Ltd ( (IN:AJMERA) ) has shared an announcement.

Ajmera Realty & Infra India Ltd has completed a sub-division of its equity shares, splitting each fully paid share of face value Rs 10 into five fully paid shares of face value Rs 2, with the new shares credited under a new ISIN by NSDL and CDSL. Following this split, the company’s authorised share capital has increased from 15,00,00,000 shares of Rs 10 to 75,00,00,000 shares of Rs 2, and its subscribed, issued and paid-up share capital has expanded from 3,93,59,130 shares of Rs 10 to 19,67,95,650 shares of Rs 2, a move typically aimed at improving liquidity and affordability of the stock for investors.

More about Ajmera Realty & Infra India Ltd

Ajmera Realty & Infra India Ltd is an Indian company engaged in the real estate and infrastructure sector, focusing on development and sale of residential and commercial properties. The company is listed on both BSE and NSE, giving it access to a broad base of public market investors.

Average Trading Volume: 17,549

Technical Sentiment Signal: Hold

Current Market Cap: 31.68B INR

See more insights into AJMERA stock on TipRanks’ Stock Analysis page.

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