Vesuvius India Limited has informed the Exchange that Record date for the purpose of Split/Subdivision is 10-Jun-2025.
VESUVIUS · price
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Vesuvius India has set June 10, 2025 as the record date for splitting each equity share of face value Rs. 10 into 10 equity shares of face value Re. 1 each. The decision was approved by the Board at its meeting on May 8, 2025 and is subject to shareholder approval. Shareholders holding shares as on the record date will be eligible to receive 10 new shares of Re. 1 for every 1 share of Rs. 10 held. The company has BSE scrip code 520113 and NSE symbol VESUVIUS.
Stock splits are generally viewed positively as they make shares more affordable and improve liquidity, though they do not change the underlying value of the company. Shareholders will automatically receive 10 shares for every 1 held on the record date, and the share price is expected to adjust proportionally.