Multibagger FMCG player declares twin corporate actions of dividend, split

BCL Industries shares in focus today as the company has announced twin corporate action in its Q4 results. According to a regulatory filing by the Fast-Moving Consumer Goods sector company, the board has approved a dividend and sub-division of shares. It announced that the board has recommended an equity dividend of Rs 5 per share of face value of Rs 10 each i.e. The filing added that the board has approved the splitting of the face value of the shares from Rs 10 to Rs 1 per share, subject to approval of the shareholders and other statutory approvals. According to an exchange filing, the board has recommended an equity dividend of Rs 5 per share of face value of Rs 10 each i.e.