Company has fixed record date as Wednesday, 20th August, 2025 for purpose of Sub-division/split of Equity shares of the Company.
Price
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Awaiting price reaction for this filing.
Chandrima Mercantiles has fixed Wednesday, 20th August 2025 as the record date for a stock split. Every 1 equity share with a face value of Rs. 10 will be split into 10 equity shares with a face value of Re. 1 each. Shareholders holding shares as on the record date will be eligible to receive the split shares. The split does not change the total value of a shareholder's holding, only the number of shares and the price per share.
Post-split, the share price is expected to adjust lower (roughly to one-tenth), making the stock more affordable and improving liquidity, though overall investment value remains unchanged for existing shareholders.