Multibagger Stock: Shares of Eraaya Lifespaces were in focus on Monday, October 14, after the company said its board will meet later this week to consider a stock split.
The meeting of the board members is slated to be conducted on Saturday, October 19.
The company in an exchange filing today, said, “… a meeting of the Board of Directors of Eraaya Lifespaces Limited is scheduled to be held on Saturday, October 19, 2024, in New Delhi to take decision regarding split/division in the nominal value of Equity Shares of Eraaya Lifespaces Limited to enhance liquidity and encourage better investor participation.”
Following this announcement, the stock was trading over 3 per cent higher on the BSE at ₹2950 around 1.15 pm.