The Company has fixed Friday, 25th July, 2025 as the Record Date for the purpose of determining the eligibility of shareholders for sub-division/ stock split of existing 1 (One) Equity ....
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RIR Power Electronics Ltd has fixed Friday, 25th July, 2025 as the record date for its stock split. Each existing equity share of face value Rs.10 will be split into 5 equity shares of face value Rs.2 each. The split was approved by shareholders through a postal ballot on 3rd July, 2025. Shareholders holding shares as on the record date will be eligible to receive the split shares. The total face value of holdings will remain the same, but the number of shares will multiply by five.
The stock split will lower the per-share price proportionally and improve liquidity, making the stock more affordable for retail investors. There is no change in the company's fundamentals or total shareholder value.