Ksolves India Limited — Dividend/Bonus, 20-12-2024: Stock split
20-12-2024 | 07:33 pm
20-12-2024 | 07:33 pm
Ksolves India Limited’s Board of Directors has approved a stock split, altering the face value of existing equity shares from INR 10 to INR 5. The split ratio is 1:2, effectively converting each existing share into two shares. This move aims to enhance liquidity and make shares more affordable for investors. The authorized share capital will increase to 2.5 crore shares, with post-split paid-up capital comprising approximately 2.37 crore shares. The completion is expected within two months, pending shareholder approval and necessary formalities. Trading in the company's securities will remain closed until December 23, 2024.
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