STOCK SPLIT: SHARE PRICE RS 166 - CHECK RATIO AND RECORD DATE

10:1 Stock Split: Bodhi Tree is a company that operates in the digital entertainment industry. The company’s stock traded at Rs 166.75 apiece, closing in the green,up by 13.20 per cent on Thursday, March 29. The company has announced a stock split from Rs.10/- to Rs 1 per share.

Bodhi Tree Multimedia Share Price History

Bodhi Tree Multimedia commands a market cap of Rs 208.37 crore on the BSE. The stock has a 52 week range of Rs 235.00 - Rs 122.70, according to the BSE website on March 29. As per BSE Analytics as on March 29, Bodhi Tree stock has traded soutthward by 4.61 per cent in one week. In one month the stock has slipped by 5.28 per cent. In six months the stock has given solid returns of 32.30 per cent. The stock has doubled in price from its 52 week low of Rs 122.70 per cent, trading at Rs 235 per share and hitting its 52 week high.

Bodhi Tree Multimedia Record Date

Bodhi Tree’ shares will turn ex-split today, in the ratio of 10:1. The ratio leads to one share of the company having a face value of Rs 10/- to be divided into 10 shares of the company having face value of Re 1 each. The company has declared that April 5 will be the ex-date and the record date for the stock split.

“...The Board has reconsidered its decision taken on the 08th February 2024 w.r.t to ratio of split/sub-division of shares of the company and instead recommended the split/sub-division of Face Value of Rs. 10/- each to Face value of Re. 1/- each subject to the approval of Members of the company. The record date for the

split/sub-division of shares will be intimated in due course. Other requisite details regarding split / sub-division of shares in terms of the SEBI Circular No. CIR/CFD/CMD/4/2015 dated 9th September, 2015 are as attached herewith in Annexure-I,” the company said in a filing.

When a company declares a stock split, the number of shares of that company increases, but the market capitalisation of the company remains the same. Existing shares split, but the underlying value remains the same. As the number of shares increases, price per share goes down.

Bodhi Tree Multimedia Dividend History

Companies pay a dividend as a reward to their investors for their investment in the business. A dividend is calculated and paid on the face value of each stock. The current face value of Bodhi Tree’s shares is Rs 10. The Companies Act specifies that dividends need to be paid on or within 30 days from the date that they are declared. The company paid a dividend of Rs 0.5 per share in the month of February in 2024, in the year 2023, the company paid a dividend of Rs 0.5 per share in the month of September.

(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)

2024-03-29T02:49:46Z dg43tfdfdgfd