1 month ago
Multibagger penny stock hits 5% upper circuit on stock split, rights issue announcement
Live MintPenny stock under ₹15: Shares of penny stock Minolta Finance reached their 5 percent upper circuit limit at ₹12.93 on Thursday, December 5, marking a new 52-week high. The surge followed the company’s board approval of a stock split and a rights issue aimed at enhancing liquidity and raising funds. Stock Split and Rights Issue The Board of Directors of Minolta Finance Limited has approved a stock split, reducing the face value of each equity share from ₹10 to Re 1. Minolta Finance anticipates completing the stock split within three months from the date of the board’s decision.
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History of this topic
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