Split25 Jul 2026, 05:50 pm
JOJO Ltd Announces Share Split: 1:2 Ratio
AI Summary
JOJO Ltd has announced a sub-division of its equity shares, effective August 7th, 2026. The company will split each equity share with a face value of ₹10 into two equity shares with a face value of ₹5 each. This corporate action aims to increase the liquidity and affordability of the company's shares for a wider investor base. The record date for this sub-division has been set as Friday, August 7th, 2026, to determine shareholder eligibility.
Key Highlights
- JOJO Ltd to sub-divide equity shares in a 1:2 ratio.
- Face value per share to reduce from ₹10 to ₹5.
- Record date set for August 7th, 2026.
- Aims to enhance share liquidity and affordability.
Price Impact
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