Nuvama Wealth Administration Ltd. has set the report date to find out the eligibility of members for sub-division of shares or inventory cut up as Dec. 26, 2025, as per an alternate submitting on Monday.
One absolutely paid fairness share with a face worth of Rs 10 can be cut up into into 5 fairness shares of face worth of Rs 2, as accredited by the members of the corporate, the submitting added.
A inventory cut up is a company motion the place an organization will increase the variety of excellent shares by lowering the face worth per share. This sometimes enhances liquidity because the inventory value adjusts accordingly.
Whereas the variety of shares will increase, the entire funding worth stays unchanged.
To be eligible for a inventory cut up, traders should maintain shares as of the report date introduced by the corporate.
The report date determines who will obtain further shares post-split, based mostly on the cut up ratio. With India following the T+1 settlement cycle, traders have to buy the inventory at the least one buying and selling day earlier than the report date to be eligible.
Shopping for shares on the report date itself received’t qualify, because the possession received’t be mirrored in time throughout commerce.