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ICICI Direct Report
KPR Mill Ltd. is among select vertically integrated textile players in India (from yarn to garments) that has displayed a consistent revenue growth and positive operating margin trajectory with strong return ratios.
Shares of the company were split on September 24, 2021 (ex-date) pursuant to the board and shareholder approval granted for sub-division of shares in its meetings on July 27, 2021 and September 9, 2021, respectively.
The record date for the same has been fixed as September 27, 2021.
Subsequently, the shares of KPR Mill have been split with existing face value of Rs 5 has been subdivided into five equity shares of Rs 1 face value each.
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