India’s market for tax consultancy, management advisory, and legal services is witnessing rapid growth, driven by economic expansion, globalization, and regulatory complexities. With businesses navigating evolving tax laws like GST and international taxation, demand for professional tax advisory services has surged. The rise of startups and MSMEs has further fueled the need for management advisory services to ensure compliance, financial planning, and business optimization.
Additionally, India’s focus on ease of doing business and initiatives like “Make in India” have created immense opportunities for legal services in corporate law, intellectual property, and dispute resolution. The increasing digitalization of compliance and taxation processes presents untapped potential for tech-enabled consultancy. This sector is set to grow exponentially, catering to both domestic and global markets.
Share Price
The shares of Getalong Enterprise Ltd. are currently trading at Rs. 533 up by 1.93% from its previous close of Rs. 522.9 as of December 16, 2024.
What is a Stock Split?
A stock split is a corporate action in which a company increases the number of its outstanding shares while reducing the face value of each share, without affecting the overall market capitalization. For example, in a 2-for-1 split, each shareholder receives an additional share for every share held, but the price per share is halved.
Stock splits are often done to improve liquidity and make shares more affordable for retail investors. Although the total value of an investor’s holdings remains unchanged, the reduced share price can attract more investors, potentially increasing trading activity and demand for the stock.
Know the record date and the Split Ratio
The Company has announced that Thursday, January 2, 2025, will be the Record Date for determining the eligibility of shareholders for the stock split. Each equity share with a face value of Rs. 10 will be split into 10 equity shares with a face value of Re. 1 each, fully paid up. This decision, approved by the shareholders during the Extraordinary General Meeting (EGM) held on December 13, 2024, aims to enhance liquidity and make the shares more affordable for investors. Shareholders holding shares as of the Record Date will be eligible to receive the additional shares resulting from this sub-division.
About the Company
Incorporated in 2020, Getalong Enterprise Ltd offers comprehensive Tax Solutions and Allied Services. The company provides a wide range of services including Tax Advisory, Management
Consultancy, Tax Compliance, Legal Services, Business Formation, Accounting Services, Financial Services, and more. ISO 9001:2015 certified, Getalong Enterprise is dedicated to delivering personalized and customized solutions in a hassle-free manner. As a one-stop provider for all tax and allied services, the company aims to cater to its clients’ diverse needs with excellence and efficiency.
Written By: Dipangshu Kundu
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