New Delhi, April 22 -- Small-cap penny stock Murae Organisor hit 5% upper circuit limit as the board is expected to declare a stock split. The company has revealed that it will deliberate on a significant corporate decision that reflects its continuous dedication to enhancing shareholder value. The board of the company will convene on April 24, 2025, to discuss the possibility of a stock split.
"To consider and approve the proposal to Sub- Division /Split of the Equity Shares of the Company in such manner as may be determined by the Board of Directors and subject to approval of the Shareholders and such authorities as may be required under Section 61 of the Companies Act, 2013. and Sebi Regulations 2015," said the company in an filing.
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