LowNeutral
Announced Mon, 20 Jul · 07:28 IST
Stock split alert! Last day to buy this smallcap stock that rallied 580% in 3 years. Do you own?
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Pondy Oxides & Chemicals, India's largest secondary lead manufacturer, has fixed July 21 as the record date for its stock split, with the last day to buy shares being today under the T+1 settlement cycle. The split will convert two shares of Rs 5 face value into five shares of Rs 2 face value, with authorised capital rising from 4.03 crore to 10.07 crore shares. The company said the rationale is to enhance liquidity and affordability for retail investors; the stock has rallied over 580 percent in three years and has a market capitalisation of about Rs 4,120 crore.