Subsidiary of Optimus Finance Ltd plans to split its shares soon, shares fall more than 4%
1. Maximus International Limited to meet on August 18 to consider stock split
The company’s board of directors in its BSE filing noted: “In accordance with Regulation 29 of the SEBI (Registration and Disclosure Requirements) Regulations, 2015, as amended from time to time, we hereby inform you hereby that a meeting of the board of directors of the Company is to be held on Thursday, August 18, 2022, among other things, to consider a proposal to subdivide the equity shares of the Company having a par value of 10%/- each , as may be determined by the Board of Directors, subject to such regulatory/statutory approvals as may be required and the approval of the shareholders of the Company.”
2. Maximus International Limited Share Outlook
The company’s stock fell 4.52% to close at 228.10 at the close of trading on July 29, 2022. The stock’s 52-week high is 263 each and the 52-week low is 85. each. The company recorded an increase in cash flow and cash flow from operating activity.
multibagger returns: The stock has returned 1605% over the past 5 years, 427% over the past 3 years, 132% over the past 1 year and 126% over the past three months.
3. About Maximus International Limited
MIL is engaged in the import, trade and export of a wide range of products in varying quantities and specifications to meet the varied requirements of its customers for whom it acts as a resource/middleman company. He has established a solid and sophisticated infrastructure in Vadodara, with an office in the main business center equipped with various departments that help carry out business-related activities.
