United Polyfab Gujarat Limited has informed the Exchange that Record date for the purpose of Split/Subdivision is 02-May-2025.
UNITEDPOLY · price
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Awaiting price reaction for this filing.
United Polyfab Gujarat Limited has set 02-May-2025 as the record date for determining shareholders eligible for a proposed stock split/subdivision. The exact split ratio and the ex-date have not been mentioned in this filing. Only shareholders holding shares on or before the record date will be considered eligible for the split. Further details on the ratio and effective date are expected in subsequent filings.
Stock splits make shares more affordable and can improve liquidity, often leading to short-term price adjustment. Existing shareholders will automatically receive additional shares based on their holdings as of the record date, with no change in total investment value.