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.
A stock split is a business move in which a firm divides its shares into multiples. The split does not affect the company’s total market value, but increases the number of outstanding shares, lowering the price per share. The goal is to make the stock more cheap for investors.
Here are the stocks that coming with a stock split next week:
1. RDB Infrastructure and Power Ltd
RDB Realty & Infrastructure Limited is an India-based company, which is engaged primarily in the business of real estate construction, development, and other related activities. The Company operates through two segments: Residential Projects and Commercial Projects.
With a market capitalization of Rs 945.32 crore, the shares closed at Rs 546.95 per share, decreased around 0.55 percent as compared to the previous closing price.
The company has set, Friday, February 28, 2025, as the “Record Date” for determining entitlement of Equity Shareholders for sub-division/split of existing equity shares of the company, such that 1 equity share having a face value of Rs. 10 each, fully paid up, will be sub-divided into 10 equity shares having a face value of Re. 1 each, fully paid up.
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2. Oasis Securities Ltd
Oasis Securities Limited is engaged in investments, initial public offerings (IPO) activities, providing loans, and other financial services. The Company operates through a Fund-based activities segment, including investment activities (Investment in securities) and financing activity.
With a market capitalization of Rs 52.73 crore, the shares closed at Rs 285.05 per share, decreased around 1.99 percent as compared to the previous closing price.
The company has set, Friday, February 28, 2025, as the “Record Date” for determining entitlement of Equity Shareholders for sub-division/split of existing equity shares of the company, such that 1 equity share having a face value of Rs. 10 each, fully paid up, will be sub-divided into 10 equity shares having a face value of Re. 1 each, fully paid up.
Written by Abhishek Singh
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