š Bairaha Farms Schedules 1-for-5 Share Split: Key Dates Announced
⢠Bairaha Farms will proceed with a 1-for-5 share subdivision, pending shareholder approval at an Extraordinary General Meeting (EGM) on 17 December. ⢠Key Dates: ⢠EGM: 17 December. ⢠Record Date for Shareholding: 19 December. ⢠Trading Suspension: 18 December to 24 December. ⢠Commencement of Subdivided Share Trading: 26 December. ⢠Impact: The split will increase the number of issued ordinary shares five-fold, from 17.6 million to 88 million. ⢠The company's stated capital will remain unchanged at Rs. 536.3 million. ⢠The share closed at Rs. 450 yesterday, marking an increase of Rs. 1.25 from the previous close.
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