Intimation of Record date for sub -division/Split of Equity Shares of the company under Regulation 42 of SEBI (LODR) Regulation 2015
Awaiting price reaction for this filing.
Murae Organisor Limited (formerly Earum Pharmaceuticals Limited) has fixed Wednesday, 11 June 2025 as the Record Date for a sub-division (stock split) of its equity shares. Each existing equity share with a face value of Rs. 2.00 will be split into 2 equity shares with a face value of Rs. 1.00 each. The stock split was approved by shareholders through a Postal Ballot on 29 May 2025. The filing is made under Regulation 42 of SEBI (LODR) Regulations, 2015.
Existing shareholders will automatically receive 2 shares of Rs. 1 face value for every 1 share of Rs. 2 they hold, with no change in total investment value. The lower face value and higher share count typically improve liquidity and may make the stock more affordable for retail investors.