Stock split 2023: Talbros Automotive Components stocks will be in focus today as its board of directors are going to consider and approve stock split in its meeting scheduled today. The small-cap stock backed by ace investors Dolly Khanna and Vijay Kedia is expected to announced stock split ratio along with the Q1 results 2023 on Tuesday.
The company has already informed Indian stock market bourses about the board meeting and stock subdivision proposal. Ahead of the stock split and Q1 results today, this small-cap stock has climbed to a new peak of ₹909.95 apiece on NSE, logging intraday gain of around 3.50 per cent within few minutes of stock market's opening bell today.
Ahead of stock split and Q1 results 2023 announcement today, Talbros Automotive Components share price has witnessed strong buying interest among Dalal Street bulls. The small-cap stock opened upside today and went on to hit life-time high of ₹909.95 apiece on NSE.
The small-cap stock backed by Vijay Kedia and Dolly Khanna informed about stock split in its latest exchange filing citing, "Pursuant to the provisions of Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that a meeting of Board of Directors of the Company will be held on Tuesday, August 8, 2023 inter-alia, to consider and approve Alteration of Equity Share Capital of the Company by way of sub-division/splitting its existing Equity Shares having a face value of Rs. 10/-each, fully paid up in such manner as may be determined by the Board of Directors pursuant to the provisions of Section 61(1)(d) of Companies Act, 2013 and subject to the approval of Shareholders of the Company and/or any other regulatory/statutory approvals, as
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