Announced Mon, 21 Apr · 13:26 IST

Jeena Sikho Lifecare Limited has informed the Exchange that the Board of Directors at its meeting held on April 21, 2025, has considered and approved subdivision of 24860146 equity shares of 10 each into 124300730 equity shares of 2 each.

Stock SplitCorporate Actions View source PDF

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AI summary

The Board of Directors of Jeena Sikho Lifecare Limited, at its meeting held on April 21, 2025, approved the subdivision of 2,46,01,146 equity shares of face value ₹10 each into 12,43,00,730 equity shares of face value ₹2 each. This works out to a 5-for-1 split, where every existing share of ₹10 will be divided into 5 shares of ₹2. The total market value of holdings and the company's overall capital remain unchanged; only the denomination and share count change. Shareholders will automatically receive additional shares in their demat accounts once the split becomes effective.

Likely market impact

The stock split makes the share price more affordable and can improve liquidity and retail participation. It does not change the company's fundamentals or shareholder value, and no action is required from existing investors.