JTL Industries Limited has notified the stock exchanges (BSE, NSE, and MSEI) that a Board meeting is scheduled for Thursday, October 3, 2024, to consider key items such as the sub-division or split of equity shares with a face value of ₹2 each, the proposal to issue bonus shares, and an increase in the company’s authorised share capital. The Memorandum of Association will also be altered accordingly.
The company further informed that the trading window has been closed in line with SEBI’s insider trading regulations, and it will remain closed until 48 hours after the announcement of its financial results for Q2 and the six months ended September 30, 2024.
Following this announcement, JTL Industries’ stock (JTLIND) surged by 5.54% to ₹232.37 at 1:23 PM on the NSE. The stock opened at ₹220.00, reached a high of ₹238.44, and touched a low of ₹217.60, with a previous close of ₹220.17.
