The company, which has delivered a sharp 354.76% return over the past year, had earlier revised the record date for the stock split to January 8 from the originally planned December 31, 2025.
According to the company’s filing with the stock exchanges, the board approved the subdivision of equity shares in the ratio of 1:10, whereby each equity share of face value Rs 10 will be split into 10 equity shares of face value Rs 1 each.
The move is aimed at enhancing liquidity and increasing the affordability of the stock for a broader set of investors.
The record date has been fixed as January 8, to determine shareholders eligible for the corporate action. Post-split, the stock will trade ex-split, and investors holding shares as of the record date will see their holdings increase tenfold in quantity, while the stock’s price will adjust accordingly to reflect the new face value.
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In the recent past, A-1 Ltd stock has witnessed both strong upward momentum and short-term volatility. The counter is up 86% in the last three months, 177.97% over six months, and 354.76% over the past one year, making it one of the notable multibagger stocks on the street.
However, short-term price action has been mixed, with a 16.16% drop in the past one month.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)