Multibagger Stock Rally to Record High on Bonus Share Issuance Announcement

“We inform you that the Board of Directors in its meeting held today i.e. 23rd August, 2022, inter alia, considered and approved the issue. bonus share 3 (three) fully paid-up equity shares in proportion to every 2 (two) existing fully paid-up equity shares held by the shareholders, subject to the approval of the shareholders of the company,” it announced in an exchange filing on Monday.

Further, the Board has also approved the listing/trading of the existing listing of the Company from the SME Platform of BSE Limited, subject to the approval of the shareholders of the Listing/Trading on the Main Board of BSE Limited as well as on the Main Board of National Stock Exchange of India Limited. has given. Company, BSE Limited, National Stock Exchange Limited, or such other authority.

Meanwhile, the Board has also considered and approved amendments to the Memorandum of Association of the Company on account of change in the authorized share capital of the Company, subject to the approval of the members of the Company.

Headquartered in Mumbai, India, Secmark Consultancy is engaged in consulting, technology and outsourcing services to financial market participants and has experts in compliance, operations, risk management, software development, IT infrastructure management, systems audit and cyber security. The company’s clients include more than 200 major financial market participants.

Secmark Consultancy shares have given multibagger returns of over 136 per cent in one year period, while multibagger stock It has gained around 86% so far in 2022 (YTD), compared to a fall of around 0.5% in the benchmark BSE Sensex.

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