Affle freezes at 5% upper circuit for 3rd straight day on stock split plan

The board approved stock split from Rs 10 to Rs 2 to facilitate larger shareholder base and aid liquidity

Shares of Affle (India) were locked in the 5 per cent upper circuit for the third straight day, at Rs 4,608.90 on the BSE in the intra-day trade on Monday, after its board approved stock split plan in the ratio of 1:5 to facilitate larger shareholder base and aid liquidity.

Affle (India) on August 26,2021 informed the stock exchanges that the board has approved stock split of company's one equity share of face value of Rs 10 each into five equity shares of face value of Rs 2 each, subject to the approval of shareholders and other approvals as