JSLLNSEJeena Sikho Lifecare LimitedMediumPositive
Announced Sat, 14 Jun · 14:39 IST

Jeena Sikho Lifecare Limited has informed the Exchange regarding change in dividend amount per share pursuant to split/ sub-division of equity shares of the Company.

Stock SplitCorporate Actions View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Jeena Sikho Lifecare has revised its final dividend per share following the recent stock split. Earlier, the board had recommended a final dividend of Rs. 5.47 per equity share on shares with a face value of Rs. 10 each for FY25. Now that every 1 share of Rs. 10 face value has been split into 5 shares of Rs. 2 face value (effective June 12, 2025), the dividend works out to Rs. 1.10 per equity share on the new face value of Rs. 2. The total dividend payout remains unchanged, as Rs. 5.47 ÷ 5 ≈ Rs. 1.10. The dividend is still subject to shareholder approval at the upcoming AGM.

Likely market impact

This is a routine mechanical adjustment of the dividend per share due to the 1:5 stock split. There is no change in the actual amount paid per original share held, so shareholders should not see any impact on total dividend income or stock price from this announcement.