Split30 Sept 2026, 05:00 pm
Meenakshi India Ltd Fixes Record Date for Equity Share Split
AI Summary
Meenakshi India Ltd has announced Friday, October 30, 2026, as the record date for its equity share sub-division. This corporate action, approved by shareholders in the Annual General Meeting held on September 28, 2026, involves splitting each existing equity share of face value ₹10 into two equity shares of face value ₹5. The company expects this split to enhance tradability and provide shareholders with more shares while maintaining market value stability. The sub-division aims to improve liquidity and accessibility of the company's stock.
Key Highlights
- Record date set for October 30, 2026, for equity share split.
- Each ₹10 share to be split into two ₹5 shares.
- AGM approved the sub-division of equity shares.
- Aims to increase tradability and shareholder value.
- Corporate action to enhance market liquidity.
Price Impact
More from MEEIND