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 shares of face value ....
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The Board of Directors of Unison Metals Ltd, at its meeting 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 Rs. 1 each. The company's issued, paid-up and subscribed equity capital will remain unchanged at Rs. 29,62,22,870, but the number of shares will increase from 2,96,22,287 to 29,62,22,870. The split is subject to shareholder approval and is expected to be completed within approximately 2 months. The company stated the rationale is to make shares more affordable, attract retail investors, and improve liquidity.
The stock split reduces the per-share price significantly, making the stock more accessible to small retail investors and potentially boosting trading volumes. Existing shareholders will automatically hold 10 times more shares, though the total value of their holdings remains unchanged. Watch for the ex-split date once shareholder approval is obtained.