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Corporate action is when a publicly listed corporation makes substantial changes that affect its shareholders and financial structure. Actions that impact a company’s securities include dividends, stock splits, mergers, acquisitions, rights issues, and other related events. Shareholders may experience changes in ownership, stock value, or entitlements following corporate activities. 

Here are the stocks that set record dates for stock splits:

1. Mazda Limited 

With a market cap of Rs. 689.6 crores, the stock surged nearly 3 percent on BSE to Rs. 1,841 on Friday. 

The company has set 28th January 2025 as the “Record Date” for determining the entitlement of Equity Shareholders for sub-division/split of existing equity shares of the company in a 1:5 ratio, such that 1 fully paid-up equity share with a face value of Rs. 10 each will be split into 5 fully paid-up shares with a face value of Rs. 2 each. 

Incorporated in 1990, Mazda Limited is engaged in the business of manufacturing Engineering goods like vacuum products, evaporators, pollution control equipments and manufacturing of food products like food colour, various fruit jams & fruit mix powders and more. 

2. JBM Auto Limited 

With a market cap of Rs. 17,402.4 crores, the stock surged nearly 1.3 percent on BSE to Rs. 1,530 on Friday. 

The company has set 31st January 2025 as the “Record Date” for determining the entitlement of Equity Shareholders for sub-division/split of existing equity shares of the company in a 2:1 ratio, reducing the face value of its equity shares from Rs. 2 to Rs. 1 each. 

JBM Auto Limited is engaged in the automotive business that manufactures and sells sheet metal components, tools, dies & moulds and buses including the sale of spare parts, accessories & maintenance contracts for Buses. 

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3. Kiduja India Limited 

With a market cap of Rs. 91.4 crores, the stock surged nearly 6 percent on BSE to Rs. 392 on Friday. 

The company has set 31st January 2025 as the “Record Date” for determining the entitlement of Equity Shareholders for sub-division/split of

existing equity shares of the company in a 10:1 ratio, such that 1 fully paid-up equity share with a face value of Rs. 10 each will be split into 10 fully paid-up shares with a face value of Re. 1 each. 

Kiduja India Limited is primarily engaged in the business of investments and dealing in shares and securities. It is registered as a Non Banking Financial Company (NBFC) with the Reserve Bank of India (RBI) and is classified as NBFC – Base Layer (NBFC-BL). 

Written by Shivani Singh

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