Record date fixed Nov 6, 2026 for stock split: 1 share of Rs 5 into 5 of Rs 1
KMEW · price
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On the reaction day the stock moved 3.5 pts less than Nifty Microcap 250 and 3.3 pts less than its Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Knowledge Marine and Engineering Works has fixed November 6, 2026 as the record date for sub-division of equity shares. Each existing equity share of face value Rs 5 will be split into 5 equity shares of face value Rs 1 each, fully paid up, ranking equally in all respects. Shareholders on the books as on record date will be entitled to the split shares. The total share count will rise fivefold while face value reduces, with no change to overall shareholder value.
Stock split usually lifts liquidity and retail participation. Share count rises five times while total value stays the same, so the market price adjusts lower proportionally.