SKM Egg Products Export (India) Limited has informed the Exchange regarding 'Intimation regarding confirmation of credit of shares from Depositories pursuant to Sub- division/Split' of the Company's equity shares
SKMEGGPROD · price
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SKM Egg Products Export (India) Limited has informed the exchange that the depository has confirmed the credit of shares following the sub-division (stock split) of the company's equity shares. This means the company's shares have been split into a larger number of shares with a proportionally lower face value. The process of crediting the new split-adjusted shares to shareholders' demat accounts has now been completed. Investors should now see the revised number of shares and adjusted price in their accounts.
The share price will adjust downward proportionally to reflect the split, but the overall value of holdings remains unchanged. This typically improves liquidity and makes the stock more affordable for retail investors.