Stock multibagger to consider bonus action, stock split next week. Details here

Multibagger Stock: Shares of Rajnish Wellness are one of the multibagger stocks that the Indian stock market has produced this year. This stock has jumped 780% in 2022 while over the past year it has generated over 2900% return for its shareholders. After delivering an outstanding return to its investors, the multibagger stock board will consider issuing free shares and stock splits next week. Rajnish Wellness Ltd has informed Indian stock exchanges that its board will meet on June 13, 2022 to consider free shares and stock splits.

Informing Indian stock exchanges of the development, Rajnish Wellness Ltd said, “The company’s board meeting is to be held on June 13, 2022, among other things: to consider and approve the issuance of free shares to the shareholders of the at such rate/ratio to be decided therein Consider a proposal for subdivision/division of the equity shares of the company having a par 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.”

In addition, in accordance with the Company’s Code of Conduct and the SEBI (Prohibition of Insider Trading) Rules 2015, the trading window is closed with immediate effect for all Designated Persons, Designated Employees, Specified Persons and their relatives and must be opened 48 hours after the results of the aforementioned board meeting become generally available information on the ESB portal.

Rajnish Wellness Share Price History

Since the start of the year, this small-cap stock has gone from 8:45 p.m. to 179.80 levels, registering an increase of almost 780% in 2022. Likewise, in the past 6 months, this multibagger stock has generated a whopping 400% return to its shareholders. Over the past year, this penny stock multibagger has gone from 5.91 levels each for 179.80 levels, registering more than 2900 percent return to its shareholders.

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