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Latest News Trading below Rs 100, Rajnish Retail is a maker of gems, jewellery, and watches. This penny stock is queued to split soon in the ratio of 1:5. Meaning, 1 equity share of Rajnish Retail will soon split into 5 equity shares.

YTD, the stock is up by 38% on BSE. Rajnish Retail Share Price: On June 10, the stock price stood at Rs 86.93 apiece, down by 3.



80% on BSE with market cap of Rs 266.53 crore. The stock is near its 52-week high of Rs 97.

80 apiece, while is currently up by 420% from its 52-week low of Rs 16.71 apiece. In a year, the stock has zoomed by 372% on BSE.

All-time gains is about 828.42%. Rajnish Retail Stock Split: The company has approved Sub-Division/Split of 1 Equity Share into 5 equity shares, subject to the approval of the Members of the Company and other regulatory / statutory approvals as may be required.

The record date for the sub-division of equity shares shall be decided by the Board and will be intimated to the stock exchanges after receipt of approval of the members. Only those investors will be eligible for Rajnish Retail's stock split who hold the stock as of the record date This comes after the company's board approved issue and allotment up to 690,000 convertible warrants, each convertible at an issue price that may be decided by the Preferential Issue Committee to promoters and/or non-promoters through preferential issue, subject to approval of the shareholders and other authorities under applicable laws. Notably, Rajnish Retail has rec.

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