Announced Wed, 1 Apr · 13:33 IST
Intimation of Record Date for Sub division/Stock Split.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+10.6%1-day move
₹10.90
prior close
₹11.45
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0+10.6+5.0-0.5-0.9-5.5-10.6-19.7-4.2-16.5-31.3
Up moveDown movePending
AI summary
String Metaverse Limited has fixed 24th April, 2026 as the Record Date for a sub-division of equity shares. Each equity share with face value of ₹10 will be split into 10 equity shares with face value of ₹1 each, fully paid-up. This corporate action was approved by shareholders through a Postal Ballot on 22nd March, 2026. The company has notified BSE under SEBI Listing Regulations, Regulation 42.
Likely market impact
The stock split makes shares more affordable for retail investors by reducing the per-share price to 1/10th while maintaining total value. This typically increases liquidity and accessibility of the stock.