Announced Sat, 25 Jul · 17:41 IST
Stock Split: Face Value to Change from Rs. 10 to Rs. 5
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
JOJO Limited (formerly Madhuveer Com 18 Network Limited) has announced a sub-division of equity shares. Every 1 equity share with face value of Rs. 10 will be split into 2 shares with face value of Rs. 5 each. The record date to determine eligible shareholders is Friday, August 7, 2026. Total share count will roughly double while overall company value stays unchanged.
Likely market impact
Share count doubles and per-share price typically halves. No change in total investment value for existing shareholders.