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NBFC stocks turn record date for bonus issue & stock split

March 09, 2023

NBFC stocks turn record date for bonus issue & stock split
Global Capital Markets Limited is a non-banking financial firm and a small-cap corporation with a market valuation of ₹88.45 cr. Historically, the corporation has been in the business of making short and long term loans as well as investing in stock and other securities. 

The Board of Directors of the Company changed the record date for the purpose of 1:1 Bonus Issue and Stock Split from March 16, 2023 to March 20, 2023. 

The company today said in a regulatory filing that “Members are informed that the company has fixed March 20, 2023 as the record date for subdivision in the face value of equity shares. 10/- onwards 1/- each and issue of Bonus Equity Shares in the ratio of 1:1 under Regulation 42 of SEBI LODR Regulations, 2015.” 

Reported net income of the firm As against 15.25 Cr during Q3FY23 0.53 crore during Q3FY22. According to the corporation, the net expenses for the quarter ending December 2022 were 14.46 crores, as against 0.28 crore, reported for the quarter ending December 2021. 

Global Capital Markets reported that EBIT was As against 0.79 Cr during Q3FY23 0.25 crore reported in the corresponding quarter of the previous financial year. Net income of the company increased 0.79 cr in Q3FY23 from 0.25 Cr in the same quarter of FY22, while Global Capital Markets’ EPS jumps 0.32.

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