For determining the eligibility of shareholders for the purpose of sub-division/ split of equity shares of the company
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Awaiting price reaction for this filing.
Ajcon Global Services Ltd has fixed Friday, 20 June 2025 as the Record Date to determine which shareholders are eligible for the upcoming stock split. Under the proposal, every 1 equity share with a face value of Rs. 10 will be split into 10 equity shares with a face value of Rs. 1 each. This means each existing share will become 10 shares, reducing the per-share price proportionally while keeping the total investment value unchanged. The split has been approved by the Board and is being communicated to BSE under SEBI Listing Regulations.
The split will improve share liquidity and make the stock more affordable for retail investors, though it does not change the company's fundamental value. Shares will likely trade ex-split around the record date.