This means that an eligible shareholder will get 100 equity shares with a face value of Re 1 each for every share held by them with a face value of Rs 10 each after the corporate action. The company has fixed December 3, 2022, as the record date.
Sugar stocks rally continues: Balrampur Chini, Dhampur Sugar, Uttam Sugar Mills rally up to 4%. Two big triggers
Sugar stocks rallied as domestic sugar prices surged sharply over the past month. Government data showed retail prices rising from Rs 48.18/kg on July 20