Ajmera Realty & Infra India Limited has informed the Exchange regarding Credit Confirmation Of Shares From Depositories With Regard To Sub-Division / Split Of Equity Shares Of The Company
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Awaiting price reaction for this filing.
Ajmera Realty & Infra India has confirmed that the sub-division (stock split) of its equity shares has been completed, as the requisite shares have been credited to shareholders' demat accounts by the depositories. This follows the company's earlier announcement regarding the split. The exact ratio of the split is not mentioned in this filing, but this is a procedural confirmation that the corporate action has been executed.
Shareholders will now hold a higher number of shares in their demat accounts at a proportionally lower price per share. This typically improves liquidity and makes the stock more affordable for retail investors, and the market price will adjust accordingly on the ex-split date.