Urban Enviro Waste Management Bonus Shares
“Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements), 2015 and the rules made thereunder, We wish to inform you that pursuant to the shareholders’ approval obtained through the Postal Ballot process on January 29, 2025, the Board of Directors in their meeting dated Thursday, January 30, 2025 has fixed Friday, February 07, 2025 as the ‘Record Date’ for the purpose of ascertaining the eligibility of security holders entitled for issuance of Bonus Equity Shares of the Company in the ratio of 1:1 [i.e. 1 (One) fully paid up equity share for every 1 (One) equity shares] having face value of Rs. 10/-,” said the company in a stock exchange filing.
Urban Enviro Waste Management Financials
The firm recorded a net revenue of Rs 72 Cr for the half-year that ended on September 30, 2024, up from Rs 46 Cr for the same time in the previous fiscal year. In the half-year ending September 30, 2024, its net expenses came to Rs 57 Cr, up from Rs 37 Cr in the half-year ending September 2023. Compared to Rs 4 Cr during the same time of the previous fiscal year, its net profit for the half-year ending September 30, 2024, was Rs 8 Cr.
Urban Enviro Waste Management Share Price Target
“Urban Enviro stock price is bearish on the Daily charts with strong resistance at 579. A Daily close below support of 515 could lead to a target of 478 in the near term,” commented A R Ramachandran, Independent Research Analyst.
Disclaimer
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