Sapphire Food''s share prices soared on June 20 after announcing a sub-division of equity shares.
At 09:23 am, Sapphire Foods India was trading at Rs 1,655.00, up 6.26% on the BSE.
On June 19, Sapphire Foods' board approved the split of one Rs 10 share into five Rs 2 shares.
The share split proposal requires shareholder approval at the upcoming 15th Annual General Meeting (AGM).
The AGM date and record date for the share split will be announced soon, according to the company.