SSPL WEALTH PVT LTD

Wednesday 22 Jan, 2025 04:18 PM

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Company News

Regis Industries Ltd

Regis Inds soars after board OKs 1:10 stock split proposal

Nov 18,2024 Hrs IST

The stock-split proposal is subject to the approval of the shareholders of the company.

This move will increase the authorized share capital from 2 crore shares to 20 crore shares. Similarly, the paid-up and subscribed capital will increase from 1.72 crore shares to 17.20 crore shares.

The company expects to complete this corporate action within 3 months from date of receipt of approval from shareholders and subject to completion of the statutory requirements.

Regis Industries is a non-banking financial company (NBFC). It mainly deals in investment in shares & securities.

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No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

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