Shree Securities board to consider stock split

stock split news: The company board of Shree Securities Limited (SSL) is scheduled to meet on 16th of December, 2022 (Friday) to consider the subdivision of the equity shares of the company, as per an official statement. The company informed the exchanges about the same via an exchange filing the previous week. However, the company's decision will be subject to approval from the shareholders of the company and other authorities.

"A meeting of the board of directors of the Company is scheduled to be held on Friday, 16th December, 2022 to consider and approve the proposal to subdivide/split of the equity shares of the company in such manner as may be determined by the board of directors and subject to approval of the shareholders and such authorities as may be required," the company said in the exchange filing.

Earlier, Shree Securities reported a 17% rise in the net profit at Rs 0.07 crore in the September quarter compared to a net profit of Rs 0.06 crore in the same quarter the previous year.