with market valuation of 19.68 Crore, Escorp Asset Management Limited is a Small Cap company dealing in Financial Services Sector. The company is a subsidiary of Aryaman Financial Services Limited, the flagship brand of Aryaman Group. Aryaman Group is a competitor in the financial services industry with operations in equity investment, corporate advisory, stock broking and market creation. Escorp Asset Management Limited’s portfolio of services and products includes Institutional Asset Management, Personal Finance Advisory and Non-Institutional Portfolio Management. 2:3 In order to determine the shareholders’ eligibility for Bonus Shares, the Company has announced the Record Date, which is briefly discussed below.
The Board of Directors of the Company in a stock exchange filing has said that “In compliance with Regulation 42(2) and (3) of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, you are informed that the Company has issued 2:3 For the purpose of ascertaining the eligibility of shareholders to issue bonus shares in the ratio of Rs. fully paid-up equity shares for holding equity shares subject to the approval of the shareholders through the Annual General Meeting to be held on August 26, 2022. The equity shares shall be ignored as part shares and for part equity shares No allocation will be made.
Shares of Escorp Asset Management Ltd closed today on BSE With an upside gap of 19.92% from the previous close of 29.50 24.60 each. In the last 5 years, the stock has increased by more than 96% and in the last 3 years the stock has increased by more than 81%. In the last 1 year, the stock has gained over 63% and in the last 1 month has gained over 19%. On BSE, the stock had touched a 52-week high 52-week low of 29.50 on 02/08/2022 16.50 on 18/08/2021 which means at current market price the stock is trading up 78% from its 52-week low.
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