Chandrima Mercantiles Announces 10:1 Stock Split, Record Date Set for August 20

1 min read     Updated on 19 Aug 2025, 07:43 AM
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Overview

Chandrima Mercantiles, a multibagger stock with nearly 700% returns over two years, has declared a stock split. The face value of shares will change from Rs 10 to Rs 1, with investors receiving 10 shares for each existing share. The record date is set for August 20. This move is expected to increase liquidity and market accessibility. The stock split doesn't change the overall investment value but may attract a broader range of investors.

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*this image is generated using AI for illustrative purposes only.

Chandrima Mercantiles , a multibagger stock that has delivered impressive returns over the past two years, has announced a significant corporate action that could potentially boost its market accessibility and liquidity.

Stock Split Details

The company has declared a stock split that will change the face value of its shares from Rs 10 to Rs 1. For every single share of Rs 10 held, investors will receive 10 shares of Rs 1 each. The record date for this corporate action has been set for August 20.

Impact on Investors

This 10:1 stock split is expected to have several implications for both current and potential investors:

  • Increased Liquidity: The split is anticipated to improve the stock's liquidity in the market.
  • Enhanced Accessibility: By reducing the face value, the stock may become more accessible to a broader range of investors.
  • No Change in Investment Value: It's important to note that while the number of shares will increase, the overall value of an investor's holding remains unchanged.

Recent Performance

Chandrima Mercantiles has been a standout performer in the stock market:

  • The stock has delivered nearly 700% returns over the past two years.
  • This exceptional performance places it firmly in the category of multibagger stocks.

Important Dates and Settlement Cycle

Investors should be aware of the following key points:

  • Record Date: August 20
  • Settlement Cycle: Due to the T+1 settlement cycle currently in place, investors need to purchase shares before the record date to be eligible for the split.

This stock split announcement comes at a time when Chandrima Mercantiles has shown strong market performance. The move is likely aimed at capitalizing on this momentum by potentially attracting more investors through increased affordability and liquidity of its shares.

Investors and market watchers will be keen to observe how this corporate action influences the stock's trading pattern and valuation in the coming weeks.

Historical Stock Returns for Chandrima Mercantiles

1 Day5 Days1 Month6 Months1 Year5 Years
+1.76%+2.77%+15.33%+9.73%+69.06%+127.63%
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Chandrima Mercantiles Announces 1:10 Stock Split, Sets August 20, 2025 as Record Date

2 min read     Updated on 12 Aug 2025, 08:18 PM
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Reviewed by
Jubin VergheseBy ScanX News Team
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Overview

Chandrima Mercantiles Limited has set August 20, 2025, as the record date for a 1:10 stock split. Each existing equity share with a face value of Rs. 10.00 will be subdivided into 10 shares with a face value of Re. 1.00 each. The split aims to improve liquidity and make the stock more accessible to investors. Shareholders on record at the close of business on the record date will be eligible for the additional shares resulting from the split.

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*this image is generated using AI for illustrative purposes only.

Chandrima Mercantiles Limited has announced a significant corporate action that will impact its shareholding structure. The company has set August 20, 2025, as the record date for an upcoming stock split, as communicated to the BSE Limited.

Stock Split Details

The board of directors has approved a sub-division of the company's equity shares in a 1:10 ratio. Under this split:

  • Each existing equity share with a face value of Rs. 10.00 will be subdivided into 10 shares.
  • The new shares will have a face value of Re. 1.00 each.

This move is expected to increase the number of outstanding shares while proportionately decreasing the share price, potentially improving liquidity and making the stock more accessible to a broader range of investors.

Record Date Significance

The record date of August 20, 2025, is crucial for shareholders as it will determine their eligibility for the stock split. Shareholders who own Chandrima Mercantiles shares at the close of business on this date will be entitled to receive the additional shares resulting from the split.

Official Communication

In an official letter to the BSE dated August 12, 2025, Chandrima Mercantiles Limited stated:

"Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements), 2015, the Company has fixed Wednesday, 20th August, 2025 as the Record Date, for the purpose of ascertaining the eligibility of shareholders entitled for Sub-division/ Split of 1 (One) Equity Share of the Company having face value of Rs. 10.00/- (Rupees Ten Only) each into 10 (Ten) Equity Shares having face value of Re. 1.00/- (Rupee One Only) each."

The communication was signed by Dinesh Hareshbhai Gohel, the Managing Director of Chandrima Mercantiles Limited.

Implications for Investors

While a stock split does not inherently change the overall value of a shareholder's holdings, it can have several potential benefits:

  1. Increased liquidity: More shares in circulation may lead to higher trading volumes.
  2. Broader investor base: A lower per-share price might attract smaller investors.
  3. Psychological impact: Some investors perceive lower-priced shares as more attainable.

Investors and market participants are advised to take note of this corporate action and its potential impact on their portfolios. As always, it's recommended to consult with financial advisors for personalized investment decisions.

Chandrima Mercantiles Limited (CIN: L51909GJ1982PLC086535) is headquartered at F-806, Titanium City Center, Anandnagar Road, Satellite, Jodhpur Char Rasta, Ahmedabad, Gujarat, India – 380 015. Interested parties can find more information on the company's website at www.chandrimamercantiles.co.in .

Historical Stock Returns for Chandrima Mercantiles

1 Day5 Days1 Month6 Months1 Year5 Years
+1.76%+2.77%+15.33%+9.73%+69.06%+127.63%
Chandrima Mercantiles
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like18
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