Penny stock under Rs 5; Board likely to announce bonus shares, stock split and dividend!

The shares of the company saw a spurt in volume by more than 2.20 times on BSE.

Earum Pharmaceuticals Ltd inform that a meeting of the Board of Directors of the Company will be held on Friday, July 14, 2023 to discuss and consider inter alia:

1. The proposal for Buyback of Equity Shares of the Company.
2. The proposal to recommend the declaration of the Final dividend for the F.Y. 2022-23.
3. The proposal to Issue of bonus Equity Shares to the existing equity Shareholders of the Company.
4. The proposal for the sub-division of equity shares of the Company.
5. To finalize the date, day, time and venue of the Annual General Meeting of shareholders for the F.Y. 2022-23.

Earum Pharmaceuticals Limited produces and distributes pharmaceutical products. The Company offers tablets, capsules, ointments, creams, gels, powders, and syrup. Earum Pharmaceuticals markets its products globally.

Earum Pharmaceuticals has a market cap of Rs 44.97 crore. The company reported positive numbers in its both Quarterly Results and annual results.

On Friday, shares of Earum Pharmaceuticals plunged 8.54 per cent to Rs 1.82 per share from its previous closing of Rs 1.99. The shares of the company saw a spurt in volume by more than 2.20 times on BSE. Investors should keep an eye on this micro-cap stock.

3 comments on article "Penny stock under Rs 5; Board likely to announce bonus shares, stock split and dividend!"

Vanapalli venkata ramana

Dsj is best journal and giving much more about. Penny stocks. Thanks and regards

7/1/2023 11:48 PM

Vasudeva Rao

Indias Fist & Best economic journal

7/2/2023 7:02 AM

Mateen Maldar

Scam 100% retail no promoters

7/2/2023 8:47 AM

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