Three Indian Cos Announce Major Equity Splits
Three Indian companies have announced significant corporate actions involving equity share splits. A B Infrabuild Ltd, Sunrakshakk Industries India Ltd, and Gokul Agro Resources Ltd have set record dates for their respective splits, with Rolex Rings Ltd also planning a similar move.
A B Infrabuild Ltd, with a market capitalization of Rs 1,283.97 crore, will divide its shares 1:10 on October 17, 2025. Sunrakshakk Industries India Ltd, valued at Rs 790.64 crore, will split its shares 1:5 on the same date. Gokul Agro Resources Ltd, worth Rs 5,486.40 crore, has set October 14, 2025, for a 1:2 split.
Stock splits are corporate actions that increase the number of shares while keeping the overall market value unchanged. They can make shares more affordable and encourage trading. Rolex Rings Ltd, with a market capitalization of Rs 3,643.14 crore, has also announced a 1:10 equity share split, set for October 17, 2025. Tata Investment Corporation Ltd, valued at Rs 47,056.91 crore, will split its shares 1:10 on October 14, 2025.
These corporate actions, including equity share splits, are significant events that can impact shareholders and the stock market. Companies typically make these decisions based on management recommendations and board approval. For specific details, interested parties should consult the companies' websites, investor relations teams, or regulatory bodies like the Bombay Stock Exchange (BSE) or the Securities and Exchange Board of India (SEBI).