Today, September 11, 2024, shares of the non-banking financial company (NBFC) Srestha Finvest were in the spotlight. During trading, the company’s stock fell by 4.83% to an intraday low of ₹1.77. Meanwhile, the company announced a record date for its upcoming stock split.
Stock Split Announcement
Srestha Finvest has set Monday, September 23, 2024, as the record date for determining the eligibility of shareholders for the stock split. The company revealed this decision after receiving shareholder approval on September 5, 2024. The split will divide each ₹2 face value share into two ₹1 face value shares.
Company Overview
Srestha Finvest operates in finance, loans, investments, advisory, and securities activities. Currently, this penny stock is listed only on the BSE, and investors are keenly watching its performance following the stock split announcement.
