This media firm hits upper circuit as board approves 1:5 stock split
However, this will be subject to approval from shareholders in its 37th annual general meeting (AGM), which is scheduled to be hosted on September 24, 2022.Following the announcement, shares of Colorchips New Media rallied 5 per cent, its daily circuit limit, to Rs 125.5 on Friday. The scrip had settled at Rs 119.55 on Thursday.