Microfinance

SE Investments Board approves Stock Split- Stock hits lower circuit

S.E. Investments Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 13, 2010, the board of S.E. Investments has approved to sub-divide one equity share of Rs. 2 each into two equity shares of Re. 1 each.

The board has also approved to change the name of the company from S. E. Investments to SEIL MICROFIN or SEIL MICRO FINANCE INDIA.Further, the board has approved to increase the borrowing limits of the company upto a sum of Rs. 3 crore.S E Investments Stock Split

The company also announced that Punjab National Bank, one of the company’s major credit loan providers, has enhanced the Fund Based Limit from Rs. 300 million to Rs. 450 million and sanctioned a term loan of Rs. 600 Million.

se investments latest stock price

Stock Price of S E Investments over the last 5 Days

SE Investments will be holding it’s 18th Annual General Meeting of the Company on September 13, 2010.The company stock has hit the lower circuit yesterday and was down by 5%.

se investments microfinance stock

Over the last one year the share price of SE Investments has appreciated by around 600%

Abhay N

Author : 

Abhay is the founder and managing editor of India Microfinance. He is passionate about microfinance, financial inclusion and social entrepreneurship in India.

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