SIKKONSESikko Industries LimitedHighPositive
Announced Sat, 18 Oct · 16:46 IST

Sikko Industries Limited has informed the Exchange that the Board of Directors at its meeting held on October 18, 2025, has considered and approved subdivision of 1 equity shares of Rs. 10 each into 10 equity shares of Re. 1 each.

Stock SplitCorporate Actions View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Directors of Sikko Industries Limited, at its meeting on October 18, 2025, approved the subdivision of equity shares. Each existing equity share of face value Rs. 10 will be split into 10 equity shares of face value Re. 1 each. This means every shareholder will hold 10 shares for every 1 share currently held, without any change in total investment value. The split is subject to shareholder and regulatory approvals. The record date for the split has not yet been disclosed in this filing.

Likely market impact

The stock split makes shares more affordable and liquid, potentially attracting a wider base of retail investors. It does not change the company's fundamentals or the total value of a shareholder's holdings, though short-term price adjustment is expected on the effective date.