Under the approved plan, one equity share with a face value of Rs 10 will be split into five equity shares with a face value of Rs 2 each, fully paid-up.
“We hereby inform you that the Board of Directors of Mrs. Bectors Food Specialities Limited (the “Company”), at its meeting held today, i.e. 12th August, 2025, has considered and approved the following: Sub-division/split of the 1 (One) equity share having face value of Rs. 10/- (Rupees Ten only) each, fully paid-up, into 5 (Five) equity shares, having face value of Rs. 2/- each (Rupees Two only) each, fully paid-up,” the company said in its exchange filing.
This will be carried out through an alteration in the Capital Clause of the company’s Memorandum of Association (MOA), subject to shareholder approval and any required statutory or regulatory clearances.
Additionally, this is the first time that the company is splitting the value of its shares, according to Trendlyne data.
The record date for determining the shareholders eligible for the stock split will be announced in due course.A stock split is a corporate action where a company increases the number of its outstanding shares by dividing each existing share into multiple new shares, while proportionally reducing the face value.This does not impact the overall market capitalization of the company but makes individual shares more affordable, potentially attracting greater retail participation and enhancing trading volumes.For example, in this 1:5 stock split, a shareholder holding 100 shares with a face value of Rs 10 each will, post-split, hold 500 shares with a face value of Rs 2 each. The total value of the holdings remains unchanged, but the lower per-share price can make the stock more accessible to a wider investor base.
After this announcement, the shares of Mrs. Bectors Food Specialities closed 1.2% higher at Rs 1,431.80 on the BSE today.
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