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 has fixed Wednesday, 15th October 2025 as the record date for two corporate actions. First, each equity share of face value Rs. 10 will be sub-divided (split) into 2 equity shares of face value Rs. 5 each. Second, the company will issue bonus shares in the ratio of 1:1, meaning shareholders will get 1 new equity share of Rs. 5 face value for every 1 existing share held. Investors who hold shares in their demat account on or before the record date will be eligible to receive the split shares and bonus shares. The company is listed on the NSE SME platform under the symbol GICL.
Both the stock split and bonus issue will increase the total number of shares and improve liquidity, but they do not change the overall value of a shareholder's holding. The share price is expected to adjust downward on the ex-date in line with the split, while the bonus shares will add to the share count. Short-term price movement may see some volatility around the record and ex-date.