The Board of Directors of Unison Metals Limited at their meeting held on 22nd August, 2025 has inter alia approved the sub-division/split of existing 1 (One) equity share of face value ....
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On the reaction day the stock moved 0.1 pts more than Nifty Microcap 250 and in line with its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The Board of Directors of Unison Metals Limited, at their meeting held on 22nd August 2025, approved a sub-division/split 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. The paid-up equity share capital of Rs. 29,62,22,870 comprising 2,96,22,287 shares will become 29,62,22,870 shares of Re. 1 each after the split, with no change in total capital value. The company stated the rationale is to make shares more affordable for retail investors and improve liquidity. The split is expected to be completed within approximately 2 months, subject to shareholder and statutory approvals.
The stock split lowers the per-share price (in ratio terms, 1 share becomes 10), making the stock more accessible to small retail investors and potentially improving trading liquidity. For existing shareholders, the total value of their holdings and percentage ownership remain unchanged — they will simply hold 10x more shares at one-tenth the price each.