Multibagger stock to consider bonus share, stock-split next week. Details here
Multibagger stock: Rajnish Wellness shares are one of the multibagger stocks that Indian stock market has produced this year. This stock has surged 780 per cent in 2022 whereas in last one year, it has delivered more than 2900 per cent return to its shareholders. After giving stellar return to its investors, the board of directors of the multibagger stock is going to consider issuance of bonus share and stock sub-division next week. Rajnish Wellness Ltd has informed Indian bourse4s that its board of directors will sit on 13th June 2022 to considers bonus share and stock-split.
Informing Indian bourses about the development, Rajnish Wellness Ltd said, “Meeting of Board of Directors of the Company is scheduled to be held on June 13, 2022, inter alia: To Consider and approve Issue of Bonus Shares to the equity shareholders of the Company at such rate/ratio to be decided therein. To Consider a proposal of sub-division/ split of the of Equity Shares of the Company having face value of Rs. 10/- (Rupees Ten Only) each in such manner as may be determined by the Board of Directors, Subject to such regulatory/statutory approvals as may be required, including the approval of the shareholders of the Company.”
Further, as per Company’s code of conduct and SEBI (Prohibition of Insider Trading) Regulations, 2015, trading window is closed with immediate effect for all the designated persons, designated employees, specified persons and their immediate relatives and shall be opened 48 hours after the outcome of aforesaid board meeting become generally available information on BSE Portal.
Rajnish Wellness share price history
In YTD time, this small-cap stock has surged from ₹20.45 to ₹179.80 levels, logging near 780 per cent rise in 2022. Similarly, in last 6 months, this multibagger stock has delivered whopping 400 per cent return to its shareholders. In last one year, this multibagger penny stock has surged from ₹5.91 apiece levels to ₹179.80 levels, logging more than 2900 per cent return to its shareholders.
