Stock Split - Face Value Rs 10 to Rs 5, Record Date Aug 7, 2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
JOJO Limited has announced a sub-division (split) of its equity shares. Each existing share with a face value of Rs 10 will be split into 2 shares of Rs 5 face value each. Friday, August 7, 2026 has been fixed as the record date to identify eligible shareholders. Post split, the number of outstanding shares will double, while the overall market value of the company stays roughly the same. The company, formerly known as Madhuveer Com 18 Network Limited, is listed on BSE with code 531910.
Generally neutral for existing shareholders as total holding value stays unchanged. Lower share price may improve liquidity and attract more retail investors.