Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Labour Laws
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Informative
Nandan Denim board OKs 1:10 stock split
Update / Judgement Date
16 Jun 2024
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
Stock Market
Nandan Denim has announced a subdivision of one equity share with a face value of Rs 10 each into ten equity shares with a face value of Rs 1 each. The purpose behind this move is to enhance the liquidity of its shares in the market and make them more accessible to small retail investors. The proposal is pending shareholder approval, and the record date will be notified to the stock exchanges later.
