Chandrima Mercantiles Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 19/05/2025 ,inter alia, to consider and approve Pursuant to Regulation ....
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Chandrima Mercantiles Ltd has informed BSE that its Board of Directors will meet on Monday, 19th May 2025 at 4:00 PM. The key agenda item is the sub-division (split) of the company's equity shares. The Board will also consider and approve the audited financial results for the quarter and full year ended 31st March 2025, along with the auditor's report. The company is registered in Ahmedabad, Gujarat, and trades on BSE under code 540829. No details on the split ratio or financial numbers have been disclosed yet; these are expected to be shared after the meeting.
A stock split typically lowers the per-share price, improves liquidity, and makes the stock more accessible to retail investors, but it does not change the company's overall valuation. Investors should wait for the actual split ratio and the FY25 results to gauge the stock's real performance.