We hereby inform to the exchange that the Board of Directors have considered and fixed Wednesday, 21st May 2025 as a Record Date for ascertaining eligibility of shareholders for sub-division/ ....
Awaiting price reaction for this filing.
The Board of Directors of Colab Platforms Ltd has fixed Wednesday, 21st May 2025 as the Record Date for a stock split. Each existing equity share with a face value of Rs. 2 will be split into 2 equity shares with a face value of Re. 1 each. This means every shareholder holding 1 share will receive 2 shares post-split, while the total investment value remains unchanged. The announcement is being made under Regulation 42 of SEBI's Listing Obligations and Disclosure Requirements.
The split improves liquidity by lowering the per-share price and making the stock more accessible to retail investors. Existing shareholders will see their share count double, though the overall value of their holding remains the same.