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Multibagger smallcap hit 5% upper circuit on stock split and setting up new subsidiary

According to information available on NSE, the board earlier announced the sub-division (split) of equity shares in the ratio of 1:1. That means each share of the company with a face value of Rs 2 is split into two shares with a face value of Re 1 each. The firm had fixed the 28th of July as the ex-split date.

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