Tata Investment Corporation stock split: The Tata Group company said it has approved the stock split in order to "enhance the liquidity of Company's equity shares and to encourage participation of retail investors by making equity shares of the Company more affordable".
Adani Power announces its first-ever stock split in the ratio of 1:5.
Adani Power Q1 results: Revenue rises 6% to Rs 14,109 crore
BEML stock split: The record date to determine the eligibility of the shareholders set to receive the payment is yet to be announced.
Bajaj Finance share price: The leading NBFC on April 29 had announced a bonus issue of shares in the ratio of 4:1, and a stock split in the ratio of 1:2.
Along with the stock split and bonus issue, Bajaj Finance had also announced a final dividend of Rs 44 per equity share and a special dividend of Rs 12 per equity share. This took the total dividend announced by the firm to Rs 56 per share during FY25.
Bajaj Finance’s net profit rose 17% YoY to Rs 4,480 crore. Revenue from operations meanwhile rose to Rs 18,457 crore.
Shares of the Info Edge were higher by over 2.5% at 11:50am, soon after the announcement was made.
The shares of the Sanjiv Bhikchandani-led company are currently over 57 percent higher than the 52-week-low record of Rs 4,871 apiece.
The current face value of each stock of Mazagon Dock is Rs 10 and it will also be the first stock split in the company's history.
The company had earlier sub-divided its shares in the ratio 10:2 in October 2021.
PC Jeweller Ltd has announced a 1:10 stock split and plans to raise Rs 646 crore through 11.5 crore convertible warrants priced at Rs 56.20 each. The stock surged 5 percent to Rs 187.07 on October 1.
If the board agrees to make the shares cheaper, it will be the LIC-backed multibagger small cap company’s first stock split
Sebi has sought public comments by August 26 to the consultation paper in order to streamline and reduction the timelines of bonus issues.
The meteoric ride allowed Nvidia to briefly surpass Apple last week as the second most valuable company in the U.S. Nvidia surpassed $3 trillion in market value
The split, aimed at lowering per-share value to make it more affordable for employees and investors, increases the company's outstanding shares without changing the stock's valuation
The company also appointed G Gayatri Prasad as its new CFO
Waaree Renewable has been rising since last week after the parent company Waaree Energies filed papers for an initial public offering
Nestle India had announced in October that the company will split its stock in a ratio of 1:10
Shareholders of HAL approved sub division of equity shares of the defence company in its 60th Annual General Meeting held on August 31, 2023. HAL has fixed Friday, September 29 as the Record Date for stock split.
The company is engaged in the end-to-end manufacturing, procurement and distribution of a range of high-end yet advanced solar products, medical devices as well as energy-efficient lighting solutions.
The stock with face value of Rs 10 has been split into two shares of Rs 5 each after the shareholders of the Pepsi bottler approved the proposal on June 2 .
Shareholders approved the 10-for-one stock split around 10 days ago
The board meeting, scheduled for January 19, will also take up the December quarter results, the company has told exchanges
Votes on three of 13 proposals did not follow board recommendations, according to preliminary tallies presented at the annual shareholder meeting in Austin, Texas.