
Business Update24 Mar 2025, 10:34 pm
Mrugesh Trading Ltd Announces Stock Split and Expansion into New Business Activities
AI Summary
Mrugesh Trading Ltd has announced a stock split from a face value of Rs. 10/- each to Rs. 1/- each, subject to approval from regulatory/statutory authorities and shareholders at the Extra-Ordinary General Meeting (EGM). The company has also proposed to remove and replace certain business activities in the main object clause, including the manufacturing, design, production, and trading of precious metals and gemstones, agriculture, real estate, and related services. The EGM will be held on April 18, 2025.
Key Highlights
- Stock split from Rs. 10/- each to Rs. 1/- each
- New business activities in manufacturing, agriculture, real estate, and related services
- Proposed changes subject to approval from regulatory/statutory authorities and shareholders at the EGM