Stocks to watch: 4 stocks that will turn Ex-split next week

A stock split is a corporate action where a company divides its existing shares into multiple new shares. The primary effect of a stock split is to increase the number of outstanding shares while reducing the face value of each share. Although the total value of the shares remains unchanged, the split makes the stock more affordable and accessible to a broader range of investors.

Here are four stocks that will trade ex-split in the coming week:

1. IOL Chemicals and Pharmaceuticals Limited

With a market cap of Rs. 2,028.6 crores, the stock surged nearly 1 percent on BSE to Rs. 349.05 on Friday. The company has set 11th March 2025 as the “Record Date” for determining the entitlement of Equity Shareholders for sub-division/split of existing equity shares of the company in a 1:5 ratio, such that 1 fully paid-up equity shares with a face value of Rs. 10 each will be split into 5 fully paid-up shares with a face value of Rs. 2 each. 

Incorporated in 1986, IOL Chemicals and Pharmaceuticals Limited is engaged in the manufacturing and selling of pharmaceutical and chemical products.

2. Mehai Technology Limited

With a market cap of Rs. 371.7 crores, the stock hit a 5 percent upper circuit on BSE to Rs. 127.85 on Friday. The company has set 14th March 2025 as the “Record Date” for sub-division/split of existing equity shares of the company in a 1:10 ratio, such that 1 fully paid-up equity share with a face value of Rs. 10 each will be split into 10 fully paid-up shares with a face value of Re. 1 each. 

Incorporated in 2013, Mehai Technology Limited is primarily engaged in the business of trading electronic goods.

Also read: SBI Cards shares are up by 24% this year despite severe correction in Indian markets; Here’s Why?

3. Shalimar Agencies Limited

With a market cap of Rs. 564 crores, the stock hit a 5 percent lower circuit on BSE to Rs. 80.9 on Friday. The company has set 14th March 2025 as the “Record Date” for sub-division/split of existing equity shares of the company in a 1:10 ratio, such that 1 fully paid-up equity share with a face value of Rs. 10 each will be split into 10 fully paid-up shares with a face value of Re. 1 each.

Shalimar Agencies Limited is engaged in the business of trading in shares, bonds and securities, and providing financial research and services for its clients.

4. Shangar Decor Limited

With a market cap of Rs. 47.6 crores, the stock surged nearly 4.8 percent on BSE to Rs. 5.07 on Friday. The company has set 14th March 2025 as the “Record Date” for sub-division/split of existing equity shares of the company in a 1:5 ratio, such that 1 fully paid-up equity share with a face value of Rs. 5 each will be split into 5 fully paid-up shares with a face value of Re. 1 each. 

Incorporated in 1995, Shangar Decor Limited is primarily engaged in the business of decor-related services that range from—pre-wedding events, theme weddings, corporate events, religious events, property decor, lights decor and catering operating services.

Written by Shivani Singh

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