Announced Wed, 24 Sept · 17:20 IST

Globe International Carriers Limited has informed the Exchange that Record date for the purpose of Bonus & Split/Subdivision is 15-Oct-2025.

Stock SplitCorporate Actions View source PDF

GICL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

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.

Likely market impact

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.