Corporate Action of Record Date Intimation for the purpose of Sub-Division (Split of Shares)
Price
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Awaiting price reaction for this filing.
Mrugesh Trading Limited has fixed Friday, 16th May 2025, as the record date for a sub-division (stock split) of its equity shares. Each existing equity share with a face value of Rs. 10 will be split into 10 equity shares with a face value of Re. 1 each (10:1 ratio). The total share count will increase tenfold while the underlying company value remains unchanged. Shareholders holding shares as of the record date will automatically receive the split-adjusted shares.
The split makes the share price more affordable for retail investors and may improve liquidity and trading volumes. No real change in company value — existing shareholders' total investment value stays the same, just spread across more shares at a lower per-share price.