Globe International Carriers Limited has informed the Exchange that Record date for the purpose of Bonus & Split/Subdivision is 15-Oct-2025.
GICL · price
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Globe International Carriers Limited (NSE SME, Symbol: GICL) has fixed Friday, 17th October 2025 as the record date for two corporate actions. First, a stock split where each equity share of face value Rs.10 will be subdivided into 2 equity shares of face value Rs.5 each. Second, a bonus issue in the ratio of 1:1, meaning 1 new equity share of Rs.5 will be issued for every 1 existing equity share of Rs.5 held. The company operates in the logistics sector and is listed on the NSE SME platform. Note: The headline mentions 15-Oct-2025 while the filing body states 17-Oct-2025 as the record date.
Shareholders on record as of 17th October 2025 will benefit from both the split and the bonus, effectively quadrupling their share count while the per-share price adjusts downward accordingly. These actions improve share affordability and liquidity, but also dilute the per-share value, with no change in the underlying market capitalisation.