Intimation of Record Date for the purpose of Split of equity shares
Price
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Mobavenue AI Tech Ltd has announced a record date of June 12, 2026 for its stock split. Each existing fully paid-up equity share with face value of ₹10 will be subdivided into 5 fully paid-up equity shares of face value ₹2 each. The split was approved by shareholders via postal ballot on April 30, 2026. This effectively increases the number of shares 5 times while reducing the per-share face value and market price proportionally.
The stock split increases liquidity by dividing shares into smaller denominations, making them more affordable for retail investors. Existing shareholders will receive 5 shares for every 1 share held, with no change in total investment value.