Websol Energy System Limited has informed the Exchange that the Board of Directors at its meeting held on September 01, 2025, has considered and approved subdivision of 1 equity shares of Rs. 10 each into 10 equity shares of Re. 1 each.
WEBELSOLAR · price
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On the reaction day the stock moved 1.3 pts less than Nifty Microcap 250 and 1.3 pts less than its Other Electrical Equipment 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 Websol Energy System Limited, at its meeting held on September 01, 2025, has approved the subdivision (stock split) of 1 equity share of Rs. 10 face value into 10 equity shares of Re. 1 each. This means every existing shareholder will receive 10 shares for every 1 share held, while the total investment value remains unchanged. The move is typically aimed at improving liquidity and making the stock more affordable for retail investors. The company will need to announce a record date to determine eligible shareholders for the split.
Stock splits usually improve share liquidity and broaden retail participation by lowering the per-share price. Existing shareholders' total holdings remain unchanged in value, though share count will increase 10-fold post the split.