Paras Defence And Space Technologies Limited has informed the Exchange that Record date for the purpose of Split/Subdivision is Friday, 04-Jul-2025.
PARAS · price
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Awaiting price reaction for this filing.
Paras Defence and Space Technologies has fixed Friday, July 4, 2025, as the record date for a stock split. Each existing equity share of face value Rs. 10 will be split into 2 equity shares of face value Rs. 5 each, effectively a 1:2 sub-division. The split was approved by shareholders through a postal ballot on June 7, 2025. Shareholders holding shares as of the record date will be eligible to receive the split shares. No change in the total share capital value, only a reduction in face value and corresponding increase in the number of shares held.
The split will halve the per-share price, making the stock more affordable and improving liquidity. This is generally seen as a positive sentiment signal, though it does not change the underlying value of the company.